Diesel price drops second week in row

Updated Dec 7, 2011

For the second week in a row, the U.S. average diesel price dropped, according to the latest figures from the U.S. Department of Energy’s Energy Information Administration.

The price for the week ended Dec. 5 fell 3.3 cents to $3.931. Over the last two weeks, the national price has dropped 7.9 cents. However, the latest price is still 73.4 cents higher than a year earlier.

Prices in all regions fell, led by 5.9 cents to $4.035 in the Rocky Mountain region. California’s average price declined 5.2 cents to $4.172, which is 10 cents a gallon less than two weeks ago.

The record diesel price was $4.764 in July 2008.

For diesel price information, click here.