U.S. diesel price falls 11.5 cents to $4.603

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After falling 4.6 cents following a record high, the national average retail price of a gallon of diesel slid another 11.5 cents for the week ending Monday, July 28. The $4.603 price was the lowest in 10 weeks, when it was $4.497 on May 19.

Still, the price is $1.717 higher than the same week last year, according to the U.S. Department of Energy. The average U.S. price now has been above $4 for 16 weeks.

Every region tracked by DOE saw price declines. The largest retreat, 13.1 cents, was found on both the Gulf Coast, where week-over-week prices declined to $4.570; and in the Midwest, where week-over-week prices fell to $4.518, the nation’s least expensive diesel by region. The smallest decline, 5.7 cents, was found in the Rocky Mountains, where week-over-week prices fell to $4.657.

The most expensive diesel by region, $4.806, was found in New England, where week-over-week prices fell 6.3 cents. California, which DOE tracks separately, saw a 9.5-cent decline; the state still recorded the nation’s highest diesel price, $4.869.

For state-by-state diesel prices, updated daily, click here.