Diesel prices continue sauntering downward

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The nation’s average diesel price has dipped below the $3 per gallon mark, according to the Department of Energy’s weekly report.

During the week ending Aug. 19, fuel prices fell by 1.7 cents to a national average of $2.994 per gallon. The last time diesel was cheaper than $3 was the week ending Feb. 11.

During the most recent week, prices fell in all regions across the U.S., with the most significant decrease was seen in New England, where prices fell by 2.5 cents.

California continues to hold the nation’s highest fuel prices at $3.887 per gallon, followed by the Central Atlantic region at $3.199 per gallon.

The cheapest diesel can be found in the Gulf Coast region at $2.751 per gallon, followed by the Lower Atlantic region at $2.892 per gallon.

Prices in other regions, according to DOE, are:

  • New England – $3.048
  • Midwest – $2.90
  • Rocky Mountain – $2.939
  • West Coast less California – $3.158

ProMiles’ numbers during the same week saw fuel prices fall by 2.2 cents to $2.90 per gallon nationwide.

According to ProMiles’ Fuel Surcharge Index, the most expensive diesel can be found in California at $3.799 per gallon, and the cheapest can be found in the Gulf Coast region at $2.765 per gallon.