Diesel price continues to drop

| June 26, 2012

The national average retail diesel price fell 5.1 cents to $3.678 a gallon during the week ended Monday, June 25, according to the U.S. Department of Energy’s Energy Information Administration. It was the 11th straight weekly decline; during that time, the price of diesel has dropped 46.9 cents a gallon. This week’s price is 21 cents below the same week last year and is the lowest price since February 2011.

Average retail prices fell in all regions, led by a 6.2-cent decrease on the West Coast not accounting for California, where the price fell 5.8 but remains the nation’s most expensive on average at $3.908 a gallon. The smallest decreases were 4.4 cents a gallon in the Lower Atlantic. The least expensive diesel on average was $3.601 a gallon in the Gulf Coast region.

Complete diesel price information is available on EIA’s Website.