Diesel prices fall 3.1 cents to close out July

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Diesel prices fell another 3.1 cents during the week ending Monday, Aug. 1, according to the weekly report from the Department of Energy.

With the most recent price drop, a gallon of on-highway diesel in the U.S. now costs an average of $2.348, the lowest price since mid-May of this year. Fuel prices dropped in all regions across the country with the most significant decrease coming in the West Coast less California region, where prices fell 4.4 cents.

The nation’s most expensive diesel is still in California at $2.741 per gallon, followed by the West Coast less California region at $2.492 per gallon.

The cheapest fuel is in the Gulf Coast region at $2.224 per gallon, followed by the Lower Atlantic region at $2.279 per gallon.

Prices in other regions, according to the Department of Energy, are:

  • New England – $2.396
  • Central Atlantic – $2.441
  • Midwest – $2.304
  • Rocky Mountain – $2.419

ProMiles’ numbers during the same week have the average price of a gallon of on-highway diesel at $2.303 nationwide, a 3,6-cent decrease from the previous week.

According to ProMiles’ Fuel Surcharge Index, the most expensive diesel can be found in California at $2.749 per gallon, and the cheapest can be found in the Gulf Coast region at $2.221 per gallon.

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