Diesel prices dip to lowest point of 2017

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A 4-cent decline in diesel fuel prices during the week ending June 12 pushed fuel prices to their lowest point in 2017, according to the Department of Energy’s weekly report.

The U.S.’ average price for a gallon of on-highway diesel now stands at $2.524, the lowest diesel has been since early December. Prices have remained flat throughout 2017, not rising above $2.60 per gallon or falling below $2.53 per gallon until this week.

During the week, prices fell in all regions across the country with the most significant decrease coming in the Midwest, where prices dropped by 5.1 cents, followed by the Gulf Coast, which saw a 4.9-cent decrease.

The nation’s most expensive fuel is still in California at $2.906 per gallon, followed by the Central Atlantic region at $2.711 per gallon.

The cheapest diesel can be found in the Gulf Coast region at $2.368 per gallon, followed by the Midwest region at $2.454 per gallon.

Prices in other regions, according to the DOE, are:

  • New England – $2.614
  • Lower Atlantic – $2.459
  • Rocky Mountain – $2.644
  • West Coast less California – $2.681

ProMiles’ numbers during the same week had diesel prices decreasing by 4.1 cents to $2.479 per gallon nationwide.

According to ProMiles’ Fuel Surcharge Index, the most expensive diesel can be found in California at $2.913 per gallon, and the cheapest can be found in the Gulf Coast region at $2.381 per gallon.

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