Diesel price lowest since August

By Avery Vise on

The national average retail price fell 5.5 cents to $3.887 a gallon during the week ended April 22, according to the U.S. Department of Energy’s Energy Information Administration. The national average price is at its lowest level since the week ended Aug. 6, 2012, and the 5.5-cent decrease is the largest since October. Diesel prices are 19.8 cents lower than the same week last year.

Diesel prices fell in all regions, led by a 8.5-cent drop on the West Coast, excluding California. Prices in California remain the highest nationwide on average at $4.079 a gallon. The only other region where the average price remains above $4 is New England, where prices average $4.027 a gallon. The Gulf Coast region still has the nation’s cheapest diesel on average at $3.802 a gallon.

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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