Downward trend continues for diesel prices, down 6.2 cents in 4 weeks

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On-Highway_Diesel_Fuel_Prices (2)The national average price for a gallon of on-highway diesel fell again in the week ended April 7, down another 1.6 cents to $3.959, according to the Department of Energy’s Energy Information Administration.

The price of diesel has now fallen every week since the week ended March 17, down 6.2 cents in that period. The price decline comes nearly on the heels of a string of consecutive upswings, in which the price of diesel grew 14.4 cents in 5 weeks.

The price of diesel is slightly lower than the same week in 2013, down 1.8 cents.

ProMiles’ Fuel Surcharge Index reported this week a 1.4-cent drop, bringing its reported national average to $3.90 a gallon, down 2.9 cents from the same week in 2013.

According to the EIA, average prices also dropped in all regions in the U.S., led by a 3.6-cent drop in the Central Atlantic region and a 2-cent drop in the Rocky Mountain region.

The New England region still has the country’s most expensive diesel, $4.24 a gallon, followed by the Central Atlantic’s $4.205 and California’s $4.056.

The Gulf Coast region has the nation’s cheapest diesel, $3.793, followed by the West Coast less California region’s $3.894.

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