Diesel price falls for third consecutive week

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The U.S. average retail price of regular gasoline declined a fraction of a cent this week to remain at $3.29 per gallon. The average price is $0.31 per gallon higher than last year at this time. The national average gasoline price has fallen in 12 of the last 14 weeks. Regional price changes were mixed. The East Coast price increased slightly but remained at $3.30 per gallon. The Midwest sold for more than a penny higher to end at $3.23 per gallon. The Gulf Coast had a decline of less than a penny and remained the lowest-priced region in the country. The largest drop occurred in the Rocky Mountains where the price fell six cents while the West Coast remained the most expensive region at $3.55 per gallon after dropping over four cents per gallon.

The national average diesel price fell for the third straight week, losing almost four cents to hit $3.89 per gallon. The diesel price is $0.66 per gallon higher than last year at this time. Diesel prices were down across all the regions. The biggest decrease occurred in the Midwest where the diesel price was almost six cents below last week's average. The Rocky Mountains and West Coast followed with average prices declining more than four cents in both regions. The Gulf Coast had a decrease of over three cents. The average diesel price on the East Coast was down about two cents on the week.



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