U.S. diesel price falls for fourth week in a row

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Updated Dec 29, 2011

The U.S. average diesel price declined for the fourth consecutive week after surpassing $4 a gallon, declining 6.6 cents to $3.828 for the week ending Monday, Dec. 19, according to the latest figures from the U.S. Department of Energy’s Energy Information Administration. The latest price is 58 cents higher than the same week last year.

All regions tracked by DOE saw falling prices, led by an 8.3-cent decline in the Midwest, where prices fell to $3.765. The smallest decrease was 3.7 cents in New England, where the average price is $3.995.

The nation’s most expensive diesel was in California, where the average price was down 7.5 cents to $4.047. The nation’s least expensive diesel was in the Gulf Coast region, where the average price was down 6.7 cents to $3.727.

Complete diesel price information is available on EIA’s Website.