Diesel Slips Further
National diesel prices continued their downward trend last week. Rocky Mountain and California were the exceptions.
National Observations
- The national diesel price dropped 2.1 cents last week. It marks the fifth week in a row of cheaper diesel, a reflection of suppressed crude oil pricing.
- Last week's average of $3.476/gallon was identical to the price on December 23, 2024. Since then it peaked at $3.715 on January 20 and has eased down since.
Regional Prices
| Region | This Week | Weekly Change | |
|---|---|---|---|
| 🗽 East Coast | $3.534 | -$0.033 | |
| 🌾 Midwest | $3.416 | -$0.016 | |
| 🌞 Gulf Coast | $3.143 | -$0.031 | |
| 🏔️ Rocky Mountain | $3.463 | +$0.003 | |
| 🌅 West Coast (not CA) | $3.735 | -$0.015 | |
| 🏄♀️ California | $4.760 | +$0.032 |
Regional Observations
- The biggest drops were on the East Coast and Gulf Coast. Both areas saw over 3-cent/gallon decreases. At $3.143, the Gulf Coast is now over 27 cents lower than the next lowest area, the Midwest.
- California and Rocky Mountain both saw increases. California rose 3.2 cents while Rocky Mointain inched up 0.3 cents.
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