EIA: U.S. Diesel Down 4.3cts on Week at $5.596 Gallon

SECAUCUS, NJ (DTN) — The U.S. Energy Information Administration reported Tuesday (5/19) that retail diesel prices drifted lower during the week ended May 18, with the national average easing 4.3cts to $5.596 gallon. Compared with the same time last year, diesel nationwide was up $2.06 gallon on average.

East Coast diesel prices fell 4.5cts to $5.42 gallon for the week ended May 18. This PADD 1 region showed a $1.84 gallon increase compared with the same period last year.

New England diesel prices decreased 4.1cts to $5.808 gallon. This PADD 1A region climbed $1.911 versus the same period last year.

The Central Atlantic witnessed a 4.4cts decrease on the week. Prices in the PADD 1B region averaged $5.819 gallon, rising $2.031 compared with the previous year.

Diesel prices in the Lower Atlantic averaged $5.231 gallon. This PADD 1C region reflects a 4.7cts decrease on the week and a $1.762 gallon rise from the same time last year.

In the Midwest, diesel prices fell 6.6cts on the week. The PADD 2 region averaged $5.749 gallon, which was $2.268 gallon higher than levels seen at the same time last year.

On the Gulf Coast, diesel fell 3cts on the week to $5.122 gallon. Compared with the prior year, prices in PADD 3 were up $1.921 gallon.

Rocky Mountain diesel saw a 5.8cts increase on the week to $5.549 gallon. The PADD 4 region posted a $2.037 gallon increase year-over-year.

West Coast diesel prices fell 3.8cts on the week to average $6.524 gallon. Compared with the previous year, the PADD 5 region was up $2.228 gallon.

West Coast less California diesel rose 1.5cts on a weekly basis to $5.92 gallon. This represented a $2.092 gallon increase from the same time last year.

California diesel itself fell 9.9cts on the week to $7.222 gallon. Prices in the state remain the highest in the nation, sitting at $2.387 gallon above levels seen at the same time last year.