Diesel fuel prices during the week ending Feb. 26 continued a recent downward trend, falling 2 cents from the previous week to $3 per gallon.
Since the beginning of February, fuel prices have dropped approximately 7 cents after rising about 11 cents over the first five weeks of the year. According to the Department of Energy’s weekly report, the U.S.’ average price for a gallon of on-highway diesel is now $3.007.
Prices dropped in all regions across the country except in California, where prices held flat, increasing by just two-tenths of a cent. The most significant decrease was seen in the Lower Atlantic region, where prices dropped by 3.3 cents.
After the most recent week, the most expensive fuel can be found in California at $3.66 per gallon, followed by the Central Atlantic region at $3.255 per gallon.
The cheapest fuel can be found in the Gulf Coast region at $2.797 per gallon, followed by the Lower Atlantic region at $2.906 per gallon.
Prices in other regions, according to the DOE, are:
- New England – $3.127
- Midwest – $2.947
- Rocky Mountain – $2.936
- West Coast less California – $3.064
ProMiles’ numbers during the week also noted a drop in diesel prices by 1.9 cents to $2.947 per gallon nationwide.
According to ProMiles’ Fuel Surcharge Index, the most expensive diesel can be found in California at $3.617 per gallon, and the cheapest can be found in the Gulf Coast region at $2.797 per gallon.