Diesel's Slide Continues
Fuel prices were down another 4 cents a gallon across the nation last week.
National Observations
- Nationally, diesel dropped another 4.1 cents per gallon last week. This is the fourth week in a row of fuel-price easing.
- The current national average price of $3.713 is the lowest it has been in two months. The average was at $3.571 the week of June 16 before it rose steeply.
- Even with the latest drop, the average price for the year is still elevated. At $3.63/gallon, the YTD average is right where it was at the beginning of January.
Regional Trends
| Region | Last Week | Weekly Change | |
|---|---|---|---|
| 🗽 East Coast | $3.733 | -$0.024 | |
| 🌾 Midwest | $3.702 | -$0.045 | |
| 🌞 Gulf Coast | $3.340 | -$0.057 | |
| 🏔️ Rocky Mountain | $3.757 | -$0.019 | |
| 🌅 West Coast (not CA) | $4.094 | -$0.054 | |
| 🏄♀️ California | $4.871 | -$0.018 |
Regional Observations
- The Gulf Coast and West Coast without California saw the largest drops last week. Prices in both regions were down over 5 cents per gallon.
- The decreases were more tempered in the Rocky Mountain region and California. Prices were down just under 2 cents a gallon in both areas.
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