Diesel price drops 2 cents to $4.01

By Avery Vise on

The national average retail diesel price fell by 2 cents to $4.01 during the week ended Nov. 5, according to the U.S. Department of Energy’s Energy Information Administration. The latest weekly price is 12.3 cents above the same week last year.

The average diesel price fell in all but two regions — New England and the Central Atlantic, which were the principal areas affected by Hurricane Sandy. But diesel rose by only 0.6 cent in each of those regions. The largest decrease was 4.3 cents in California, which nevertheless still has the nation’s highest diesel prices on average at $4.225 a gallon. The least expensive fuel on average was in Gulf Coast region at $3.92 a gallon. The price of diesel remains above $4 a gallon in all but three regions — the Gulf Coast, the Midwest and the Lower Atlantic.

Complete diesel price information is available on EIA’s Website.

Avery Vise

Avery Vise is executive director, trucking research and analysis for Randall-Reilly Business Media and also serves as senior editor, industry analysis for Commercial Carrier Journal. Previously, he was editorial director of Randall-Reilly’s Fleet/Dealer/Aftermarket group and had served as chief editor of CCJ for 10 years. From 1985 to 1998, Vise worked for McGraw-Hill’s Aviation Week Group, covering Congress and the Department of Transportation for publications about the commercial aviation industry. He has received numerous awards from American Business Media and the American Society of Business Publication Editors for his coverage of the trucking industry. Vise is a graduate of Georgetown University in Washington, D.C., with degrees in government and history.

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