EIA: U.S. Diesel Price Drop 4.5cts on Week

EIA: U.S. Diesel Price Drop 4.5cts on Week

DAVENPORT, FL (DTN) — The national average price for retail diesel fuel declined by 4.5cts as of Monday (10/20), marking a fourth consecutive week of losses, with decreases reported across all U.S. regions, according to latest data from the Energy Information Administration.

The national average for retail diesel fuel fell by 4.5cts to $3.62 gallon. That was still 6.7cts above the price from the same week last year.

East Coast PADD 1 average diesel prices slipped by 4.6cts to $3.675 gallon as of October 20, while remaining 8.5cts higher from a year ago.

New England PADD 1A eased by 0.6cts to $3.943 gallon during the same period and Central Atlantic PADD 1B edged up by 0.1cts to $3.878 gallon, while Lower Atlantic PADD 1C declined by 6.1cts to $3.578 gallon.

Gulf Coast PADD 3 followed with a weekly decline of 4.3cts to $3.256 gallon, while remaining 5.7cts up year-on-year.

Midwest PADD 2 saw a weekly drop of 4.2cts to $3.564 gallon as of October 20 but stayed up 2.1cts on the year.

Rocky Mountain PADD 4 registered the largest regional decrease, down by 7.3cts to $3.585 gallon. Year-on-year, it was down 5.1cts.

West Coast PADD 5 diesel prices declined by 4.3cts to $4.421 gallon, while standing 21.1cts above the same period last year.

West Coast less California dropped by 4.4cts to $4.008 gallon and remained 22.3cts higher than last year. California fell by 4.2cts to $4.898 gallon, staying 20cts higher from a year ago.