EIA: U.S. Diesel Down 3.5cts on Week, Snapping 9-Wk Rise

SECAUCUS, NJ (DTN) – The U.S. Energy Information Administration reported Tuesday (4/14) that retail diesel prices fell for the first time in 10 weeks, with the national average dropping 3.5cts during the week ended April 13 to average $5.608 gallon.

Year-on-year, diesel nationwide was up $2.029 gallon on average.

East Coast diesel prices fell 6.6cts to $5.674 gallon. Compared with the same time last year, this PADD 1 region showed a $2.014 gallon increase.

New England diesel prices rose 2.7cts to $6.024 gallon. This PADD 1A region surged $2.062 versus the same period last year.

The Central Atlantic witnessed a 1.6cts increase on the week. Prices in the PADD 1B region averaged $5.996 gallon, rising $2.14 compared with the previous year.

Diesel prices in the Lower Atlantic averaged $5.518 gallon. This PADD 1C region reflects a 10.6cts decrease on the week and a $1.962 gallon rise from the same time last year.

In the Midwest, diesel prices rose 7.8cts on the week. The PADD 2 region averaged $5.382 gallon, which was $1.872 gallon lower than levels seen a year earlier.

On the Gulf Coast, diesel fell 10.5cts on the week to $5.310 gallon. Compared with the prior year, prices in PADD 3 were down $2.043 gallon.

Rocky Mountain diesel saw a 15.6cts decrease on the week to $5.256 gallon. The PADD 4 region posted a $1.776 gallon increase versus the same time last year.

West Coast diesel prices fell 10.2cts on the week to average $6.882 gallon. Compared with the previous year, the PADD 5 region was down $2.541 gallon.

West Coast less California diesel dropped 18.3cts on a weekly basis to $6.183 gallon. This represented a $2.35 gallon decrease from the same time last year.

California diesel itself slid 0.8cts on the week to $7.559 gallon. Prices in the state remain the highest in the nation, sitting at $2.762 gallon below levels seen at the same time last year.