Decline Is Largest So Far This Year
The national average for a gallon of diesel fell by 5.1 cents the week ending Feb. 26, the largest drop so far this year, according to data released by the Energy Information Administration. EIA says the national average now sits at $4.058 a gallon. Diesel dropped by 4.8 cents between Jan. 1 and Jan. 8 but since then has risen four weeks, been flat one week, and dropped one week by 2.5 cents.
Highlights
- Diesel rose by 4.2 cents in the Rocky Mountain region to $3.999, but fell in every other region.
- The biggest drop, 7.6 cents, was seen in the Gulf Coast region, where diesel is the lowest in the nation at $3.768 a gallon.
- The national average price of gasoline shed 2 cents to $3.249 a gallon.
On-Highway Diesel Fuel Prices
Source: ttnews magazine