Recent Comments

Diesel prices falling

| May 24, 2010

After weeks of climbing, diesel fuel prices are plunging.

For the second week in a row, the national average retail price of a gallon of diesel dropped this week, according to the U.S. Energy Information Administration.

The price plunged 7.3 cents to $3.021 in the latest week, the biggest drop in 17 months.

All regions reported large declines, led by a 8.2-cent drop to $2.985 in the Midwest. The high-priced West Coast fell 7.2 cents to $3.132, while California dropped 7.6 cents to $3.162.

For the first time in months, the Midwest, Gulf Coast and Lower Atlantic areas fell under $3 a gallon.

For state-by-state diesel prices, updated daily, click here.

Notice: Overdrive is transitioning to a new comment platform due to technical problems with the former commenting system. The new commenting system is now live. We are currently in the process of moving all of the comments from the old system into the new system. We appreciate your patience in the meantime.