The national average retail price of a gallon of diesel continued its freefall of recent weeks, skidding another 6.2 cents for the week ending Monday, Aug. 25. The $4.145 price was the lowest in 18 weeks, when it was $4.143 on April 21. The price has fallen 61.9 cents in the last six weeks.
Still, the price is $1.282 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 20 weeks, hitting a record high of $4.764 on July 14.
Every region tracked by DOE saw price declines. The largest retreat by region, 9.2 cents, was found in the Rocky Mountains, where week-over-week prices declined to $4.227. The smallest decline by region, 4.0 cents, was found in New England, where week-over-week prices fell to $4.382, still the nation’s most expensive diesel by region. The nation’s least expensive diesel by region, $4.073, was found in the Midwest, where week-over-week prices fell 5.7 cents.
For state-by-state diesel prices, updated daily, click here.
