U.S. diesel price falls 0.7 cent, $2.939

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The national average retail price of a gallon of diesel declined for the first time in six weeks, falling 0.7 cent to $2.939 for the week ending Monday, March 29. The price, which had increased 19 cents since Feb. 15, is 71.8 cents higher than the same week last year, according to the U.S. Department of Energy.

All regions tracked by DOE saw price declines except for the Rocky Mountains, where prices increased 1.4 cents to $2.968; and the West Coast, where prices stood pat at $3.027.

Elsewhere, the biggest decline, 1.2 cents, was found in the Midwest, where prices fell to $2.910. The smallest decrease, 0.3 cent, was found in New England, where prices fell to $3.029.

The nation’s most expensive diesel by region, $3.075, was found in the Central Atlantic, where prices declined 0.4 cent. The nation’s least expensive diesel by region, $2.899, was found on the Gulf Coast, where prices declined 0.5 cent.

California, which DOE tracks separately for its weekly update, saw a price increase of 0.1 cent to $3.073; that price is 77.6 cents higher than the same week last year.