The U.S. Energy Information Administration announced this week that average U.S. diesel fuel prices have fallen significantly compared to the previous two weeks, providing good news for fleets and drivers.
As of Aug. 12, the national diesel fuel price average fell 5 cents to $3.704 per gallon, 67 cents lower than the same time last year. The decline was reflected at varying levels across the country, with diesel prices dropping from less than 1 cent to nearly 6 cents depending on the region.
The Rocky Mountain region saw the smallest decline in diesel prices, dropping less than a cent to $3.697. On the West Coast (excluding California), diesel prices fell a few cents more, dropping 3 cents to $3.913 per gallon. Meanwhile, both the Midwest and West Coast (including California) saw diesel prices fall 4 cents, to $3.681 and $4.309, respectively.
See also: Diesel prices still falling, averaging $3.76/gallon, gasoline to $3.484/gallon
At the high end, diesel fuel prices on the East Coast fell 5 cents to $3.778 per gallon, while California diesel prices dropped to $4.763. The Gulf Coast saw the biggest decline, dropping 6 cents to $3.371. Taking all these adjustments into account, the Gulf Coast remains the cheapest place to buy diesel fuel at $3.37, while California remains the most expensive at $4.76 per gallon.
