Diesel continues downward streak, at lowest point in over 5 years

The national average price for a gallon of on-highway diesel fell another 4 cents in the week ended April 6, according to the Department of Energy’s weekly report, extending its string of consecutive weekly drops to four.

The U.S.’ average price, now at $2.784, has fallen 16 cents since the week ended April 6. The price is also the lowest since February 2010.

The national average price has fallen 31 out of the last 40 weeks and is $1.175 lower than the same week last year, per the DOE.

Prices dropped in all regions in the U.S. too, led by the Central Atlantic’s 5.7-cent drop and followed by the Midwest’s 5.2-cent drop and New England’s 5-cent drop.

The Central Atlantic region still has the country’s most expensive diesel, $3.122, followed by New England’s $3.114 and California’s $3.061.

The Gulf Coast has the U.S.’ cheapest diesel, $2.643, followed by the Midwest’s $3.675 and the Rocky Mountains’ $2.725.

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