Tuesday, 9 April 2013

US Diesel Prices Fall Below $4 Per Gallon

JOC Staff | Apr 02, 2013 10:47AM EDT

U.S. diesel prices fell below $4 per gallon during the week of April 1, according to the U.S. Energy Information Administration. Diesel prices have dropped 4 percent or 17 cents over the past five weeks.

U.S. Diesel Prices, week ending April 1, 2013U.S. diesel prices through April 1, 2013

The average price, $3.993 per gallon, is down 0.3 percent or 1 cent from the previous week. This week’s average per-gallon price is 3.6 percent lower than the price of $4.142 at the same time last year. However, prices are still up 2 percent or 7 cents since the beginning of 2013.

Although the average U.S. diesel price dropped below $4-per-gallon mark, diesel prices on the West and East coasts, except for the Lower Atlantic region, remained above $4. The West Coast, the California region, in particular, showed weekly price increases this week, up by 15 cents and 53 cents, respectively.


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