Monday, August 24, 2015

Fuel prices resume steady summer decline

After a week of little change, the country’s average diesel price resumed its steady downfall, with prices dropping 5.4 cents during the week ending Aug. 24, according to the Department of Energy’s weekly report.

The average price for a gallon of on-highway diesel is now $2.561.

All regions across the United States saw a decrease in prices with the most significant decrease coming in the West Coast less California region, where prices dropped 8 cents, followed by the New England and Gulf Coast regions, where prices dropped 6.4 cents.

The nation’s most expensive diesel can be found in California at $2.894 per gallon, followed by the Central Atlantic region at $2.777 per gallon.

The cheapest diesel is in the Gulf Coast region at $2.414 per gallon, followed by the Midwest region at $2.487 per gallon.

Prices in other regions, according to the Department of Energy, are:

  • New England: $2.739
  • Lower Atlantic: $2.529
  • Rocky Mountain: $2.592
  • West Coast less California: $2.61

ProMiles Fuel Surcharge Index had diesel prices dropping 5.2 cents during the week to $2.485 per gallon nationwide.

According to FSI’s data, the highest fuel prices can be found in California at $2.743 per gallon, and the cheapest can be found in the Gulf Coast region at $2.408 per gallon.


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