Diesel continues skid, hits lowest point since Nov. 2010

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Updated Jan 7, 2015
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The national average price for a gallon of on-highway diesel fell in the week ended Jan. 5 to $3.137, according to the Department of Energy’s Energy Information Administration.

That’s the lowest average since November 2010, according to the DOE, and the eighth straight week the price has dropped. It’s also the 25th week out of the last 27 the price has dropped.

The price of diesel in the most recent week was 77.3 cents lower than the same week last year.

All regions in the U.S. also saw a price drop, led by a 10.4-cent decrease in the Midwest region, followed by a 10-cent drop in the Rocky Mountain region.

The California subregion has the country’s most expensive diesel, $3.341, followed by the Central Atlantic’s $3.303 and the New England region’s $3.287.

The Gulf Coast has the U.S. cheapest diesel, $3.045, followed by the West Coast less California subregion’s $3.074.