U.S. diesel price tumbles 20 cents, $3.088

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Continuing its slide of recent weeks, the national average retail price of a gallon of diesel tumbled 20 cents to $3.088 for the week ending Monday, Nov. 3. The price has fallen $1.676 since hitting a record high of $4.764 on July 14. This week’s price is 21.5 cents less than the same week last year, according to the U.S. Department of Energy.

All regions tracked by DOE saw price declines. The largest retreat by region, 22.6 cents, was found in the Midwest, where week-over-week prices declined to $3.018, the nation’s least expensive diesel by region. The smallest decline by region, 14.0 cents, was found in the Central Atlantic, where week-over-week prices fell to $3.369. The nation’s most expensive diesel by region, $3.420, was found in New England, where week-over-week prices fell 15.3 cents.

Prices on the West Coast fell 18.1 cents to $3.052; that price is 45.6 cents less than what was recorded for the region during the same week last year. California, which DOE tracks separately for its weekly update, saw a 22.9-cent price decline to $3.057; that price is 46.7 cents cheaper than last year. For state-by-state diesel prices, updated daily, click here.