
During 12 straight weekly declines from April 16 through July 2, the price of diesel had dropped 49.9 cents a gallon; since that time, the price has climbed 48.4 cents. Three weeks ago, the price surpassed the $4 mark for the first time since May 14. This week’s price is 27 cents above the same week last year.
Average retail prices in regions tracked by DOE saw a mix of increases and declines. The largest increase was 2.5 cents in the Rocky Mountains to $4.242, while the largest decline was 1.6 cents to $4.477 a gallon in California, which nonetheless remained the nation’s most expensive diesel by region. The least expensive diesel by region on average was $4.021 a gallon on the Gulf Coast, where prices fell 0.5 cent.
Complete diesel price information is available on EIA’s Website.