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EIA: U.S. Retail Diesel Prices Down 9.3cts on Week

EIA: U.S. Retail Diesel Prices Down 9.3cts on Week

SEACACUS, NJ (DTN) — The national average price for retail diesel fuel fell by 9.3cts as of Monday (12/08) as decreases in all U.S. regions extended the prior week’s decline, according to pricing data from the Energy Information Administration (EIA) released Tuesday (12/09).

The national average for retail diesel fuel was at $3.665 gallon last week, but that was still 20.7cts higher than the same period a year earlier, EIA data showed.

In the Midwest (PADD 2), diesel prices dropped by 12cts to $3.635 gallon in the week ended December 8, posting the largest weekly decline among all PADD regions, while standing 21cts higher than the same week last year.

The East Coast (PADD 1) saw average diesel prices move lower by 5.6cts to $3.729 gallon as of December 8, while staying 19.4cts above the same period last year.

On the East Coast as well, weekly diesel prices in New England (PADD 1A) eased by 0.9cts to $4.04 gallon, while staying up 28.5cts year on year.

In the Central Atlantic (PADD 1B), diesel slipped by 3.4cts to $3.948 gallon, while being 19.8cts higher on the year. In the Lower Atlantic (PADD 1C), it fell by 7cts to $3.617 gallon, while remaining up 18.5cts year on year.

In the Gulf Coast (PADD 3), weekly average diesel prices declined by 8.8cts to $3.327 gallon, while holding 19.7cts above levels from a year earlier.

The Rocky Mountain region (PADD 4) dropped by 16.7cts to $3.498 gallon, while remaining 16.9cts above the same period last year.

West Coast (PADD 5) weekly average diesel prices fell by 7.1cts to $4.37 gallon, marking a 25.1cts year on year rise.

Diesel prices at West Coast less California decreased by 8.2cts to $3.944 gallon last week, while being 26.2cts above levels from a year earlier.

California retail diesel prices declined by 5.7cts to $4.862 gallon on the week but stood 23.9cts higher year on year.

 

 

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