Average diesel price plunges 28 cents

The national average price of a gallon of diesel dropped 28 cents to $2.87 the week ending Monday, Oct. 31.

Across the country, all regions tracked by the U.S. Department of Energy saw diesel prices fall below $3 except for the Rocky Mountains, where the price fell 15 cents to $3.07 per gallon. The East Coast paid the least at $2.78.

Diesel prices soared after the one-two punch of hurricanes Katrina and Rita in late August and September, adding to already high prices from summer demand. Just last week, prices rose to an all-time high – roughly $3.16.

Still, the Oct. 31 price remained 67 cents higher than during the same week last year.

For state-by-state diesel prices, updated daily, visit http://www.etrucker.com/apps/promiles/fuelprices.asp.