Diesel price plunges

Overdrive Staff
Aug 16, 2011
Updated Aug 18, 2011

Dscn0882 OdFor the third straight week, the national average retail price of diesel fell the week ended Aug. 15, plunging 6.2 cents to $3.835 a gallon, according to the U.S. Department of Energy’s Energy Information Administration.

Average prices in all regions dropped in the latest week led by a sharp drop of 11 cents to $3.957 in California. The West Coast, excluding California, fell 8.6 cents $3.863. Following the latest decreases, only New England ($4.001) remains above $4 a gallon in the DOE figures.

With the latest price drop, the national average price is 85.6 cents higher than a year ago. The record diesel price was $4.764 in July 2008.

For diesel price information, click here.

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