US diesel hits lowest price for a year, except on west and east coasts AMERICAN diesel fuel prices fell to their lowest point since July 2012 on June 17, according to the US Energy Information Administration, though prices on the east and west coasts posted increases.
The average US price is US$3.841 per gallon, down 0.2 per cent or one cent from the previous week. During the previous four weeks, prices fell 1.3 per cent or five cents.
The current price is three per cent higher year on year, although it remains below where it stood in January by two per cent or eight cents.
The Midwest, which has been experiencing relatively large price drops in the past few weeks, had the steepest decline last week, with the average price down 1.8 cents to $3.859. Prices in California increased the most, with the average rising 1.4 cents to $4.022. California remains the only state where diesel fuel costs more than $4 a gallon. Prices also increased in the other west coast states as well New England and central Atlantic states.
The average US price is US$3.841 per gallon, down 0.2 per cent or one cent from the previous week. During the previous four weeks, prices fell 1.3 per cent or five cents.
The current price is three per cent higher year on year, although it remains below where it stood in January by two per cent or eight cents.
The Midwest, which has been experiencing relatively large price drops in the past few weeks, had the steepest decline last week, with the average price down 1.8 cents to $3.859. Prices in California increased the most, with the average rising 1.4 cents to $4.022. California remains the only state where diesel fuel costs more than $4 a gallon. Prices also increased in the other west coast states as well New England and central Atlantic states.