Tuesday 2 April 2013

US Diesel Prices Down for Fourth Consecutive Week

JOC Staff | Mar 26, 2013 2:02PM EDT

U.S. diesel prices fell for the fourth straight week during the week of March 25, according to the U.S. Energy Information Administration. Diesel prices have dropped 3.7 percent or 15 cents in the past four weeks.

The average price, $4.006 per gallon, is down 1 percent or 4 cents from the previous week. This week’s average per-gallon price is 3.4 percent lower than the price of $4.147 at the same time last year. However, prices are still up 2.2 percent or 9 cents since the beginning of 2013.

Diesel prices in the lower Atlantic and Midwest regions fell below $4 per gallon this week to $3.983 and $3.979, respectively. The West Coast region had the largest weekly price decline again this week.


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