U.S. diesel price falls for fifth consecutive week

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Updated Jan 3, 2012

The U.S. average diesel price declined for the fifth consecutive week after surpassing $4 a gallon, declining 3.7 cents to $3.791 for the week ending Monday, Dec. 26, according to the latest figures from the U.S. Department of Energy’s Energy Information Administration. The latest price is 49.7 cents higher than the same week last year.

All regions tracked by DOE saw falling prices, led by an 5.9-cent decline in the Midwest, where prices fell to $3.706, the nation’s least expensive diesel by region. The smallest decrease was 0.8 cents in California, where the average price was $4.039, the nation’s most expensive diesel by region.

DOE’s report was delayed one day because of the Christmas holiday. Complete diesel price information is available on EIA’s Website.