U.S. diesel price falls nearly 15 cents, $4.353

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The national average retail price of a gallon of diesel continued its freefall of recent weeks, skidding another 14.9 cents for the week ending Monday, Aug. 11. The $4.353 price was the lowest in 13 weeks, when it was $4.331 on May 12. The price has fallen 41.1 cents in the last four weeks.

Still, the price is $1.506 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 18 weeks, hitting a record high of $4.764 on July 14.

Every region tracked by DOE saw price declines. The largest retreat by region, 15.7 cents, was found in the Lower Atlantic, where week-over-week prices declined to $4.344. The smallest decline by region, 10.9 cents, was found in the Central Atlantic, where week-over-week prices fell to $4.563.

The nation’s most expensive diesel by region, $4.584, was found in New England, where week-over-week prices fell 15.1 cents. The least expensive diesel by region, $4.267, was found in the Midwest, where week-over-week prices fell 15.2 cents.

California, which DOE tracks separately, saw a 17.4-cent decline; the state still recorded the nation’s highest diesel price, $4.607.

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