U.S. national diesel average falls nearly 5 cents in past week to US$3.786/gallon, with all nine regions tracked by EIA posting declines

Liling Tan

GRAIN VALLEY, Missouri , September 27, 2011 (Land Line Magazine) – The national average price for on-highway diesel dropped nearly 5 cents a gallon over the past week. The U.S. Energy Information Administration reported the average at $3.786 per gallon for the week ending Monday, Sept. 26, 2011.

The largest drop in price occurred in the Midwest region, where the average decreased more than 6 cents for the week to average $3.738 per gallon. All nine regions tracked by the EIA reported decreases in their average prices, and all had averages below the $4 mark except California.

Daily tracking site ProMiles put Monday’s national average at $3.826 per gallon after a slight decrease overnight.

Six states averaged above the $4 mark on Monday, taxes included, with Washington state leading the way at $4.218 per gallon. The lowest average on Monday, according to ProMiles, was Virginia at $3.634.

Following are the regional averages and activity as posted by the EIA:

U.S. – $3.786, down 4.7 cents
East Coast – $3.804, down 4.9 cents
New England – $3.963, down 2 cents
Central Atlantic – $3.922, down 4.6 cents
Lower Atlantic – $3.739, down 5.3 cents
Midwest – $3.738, down 6.1 cents
Gulf Coast – $3.730, down 3.5 cents
Rocky Mountain – $3.867, down 2.5 cents
West Coast – $3.957, down 2 cents
California – $4.039, down 2.3 cents

In other energy news, oil futures on the New York Mercantile Exchange returned to just above $80 a barrel on Monday after dipping below the $80 mark late last week.

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