Average price for diesel drops closer to $3 per gallon mark

The average price for a gallon of diesel fuel across the U.S. hovers just above the $3 per gallon mark, according to the weekly report issued for Monday, June 17, by the Energy Information Administration.

While the EIA report shows an average price of $3.07 per gallon, another index produced by ProMiles.com shows the price dipping below the $3 per gallon threshold.

Weekly price reports from the EIA show the average price for the U.S. falling each week since May 13, when the price was $3.16. This is the fourth consecutive week of declining average price for the U.S.

The biggest decreases were in California (5.2 cents), West Coast region (4.9 cents) and the Midwest (4.5 cents).

The average price per gallon in the Lower Atlantic, Gulf Coast and Midwest regions is below $3.

Following are the average prices for diesel fuel by region as reported by the EIA for Monday:

• U.S. – $3.07, down 3.5 cents.
• East Coast – $3.099, down 2.6 cents.
• New England – $3.153, down 3.2 cents.
• Central Atlantic – $3.282, down 2.6 cents.
• Lower Atlantic – $2.964, down 2.5 cents.
• Midwest – $2.957, down 4.5 cents.
• Gulf Coast – $2.82, down 2.3 cents.
• Rocky Mountain – $3.072, down 4.2 cents.
• West Coast – $3.666, down 4.9 cents.
• West Coast without California – $3.238, down 4.4 cents.
• California – $4.006, down 5.2 cents.
  

The national average U.S. retail price for diesel fuel on Monday, June 17, fell below $3 per gallon, according to ProMiles.  The average dropped 3.6 cents from the previous week.

ProMiles, the software company that maintains the websites ProMiles.com and TruckMiles.com, offers its own weekly fuel price information. The company’s fuel price data are presented in the same format used by the EIA in the agency’s weekly reports. The prices include a national average as well as regional averages, and comparisons to the previous week and the previous year.

A key difference between the EIA and ProMiles reporting is the type and number of fueling stations the company surveys in order to calculate its averages. While EIA surveys 400 truck stops and convenience stores nationwide, ProMiles uses its direct feed from thousands of truck stops to develop its averages.

Decreases in all regions brought the average retail price for a gallon of diesel under $3 in the Lower Atlantic, Midwest and Gulf Coast regions. California’s average price ducked just under the $4 per gallon line.

Regional average decreases ranged from 2.7 cents in New England to 5.3 cents in California and other West Coast states.

The previous week, decreases ranged from 2.5 cents in New England and the Lower Atlantic to 6 cents in California.

Following are the average prices by region as reported by the ProMiles.com:

• U.S. – $2.98, down 3.6 cents.
• East Coast – $3.07, down 3 cents.
• New England – $3.119, down 2.7 cents.
• Central Atlantic – $3.261, down 3.3 cents.
• Lower Atlantic – $2.959, down 2.9 cents.
• Midwest – $2.921, down 3.9 cents.
• Gulf Coast – $2.831, down 2.8 cents.
• Rocky Mountain – $3.047, down 4.6 cents.
• West Coast – $3.518, down 5.3 cents.
• West Coast less California – $3.207, down 4 cents.
• California – $3.946, down 5.3 cents.

Click here to view ProMiles fuel data averaged by state.

AAA reported a national average price per gallon for diesel fuel at $3.014 for Monday, June 17.

A week previous, the price was $3.05, 3.6 cents higher.

A month previous, AAA reported $3.098 per gallon of diesel fuel, and a year ago $3.87 per gallon.

The highest recorded average price for diesel was $4.845 per gallon on July 17, 2008, according to AAA.