Diesel price falls again, hits one of lowest averages since January

| July 14, 2014

The national average price for a gallon of on-highway diesel fell in the week ended July 14 to $3.894 a gallon, according to the Department of Energy’s Energy Information Administration.

This is the second straight week the price of diesel has dropped and the lowest the price of diesel has been since January, save for two weeks in June.

Compared to the same week last year, the price of diesel is 2.7 cents higher.

Average prices also dropped in all regions for the second straight week, led by a 2.5-cent drop in the Midwest, followed by a 2-cent drop in New England, and a 1.8-cent drop in the Central Atlantic.

California again had the country’s most expensive diesel, $4.119 a gallon, followed by New England’s $4.078, the West Coast’s $4.052 and the Central Atlantic’s $4.051. All other regions were below the $4 mark.

The Gulf Coast had the country’s cheapest diesel once again, $3.787, followed by the Midwest’s $4.837 and the Lower Atlantic’s $3.866.

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  • Fattracker

    I understand that during the winter months you have an increased need for snow plows and bad road conditions causing excess delays and idling. But, can someone tell me why the Northeast and the central Atlantic regions are always consistently 15-20 cents per gallon higher on their diesel prices, all year round. Not trying to create a massive discussion. Just trying to wrap my brain around this. Are State taxes that much higher? If so, why?

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