The average cost of diesel fuel nationwide remained just above $4 per gallon, dipping slightly to $4.004 after a decrease of 1.8 cents, as per data from the Energy Information Administration released on March 11.
Key points:
- Diesel prices have dropped steadily for three consecutive weeks, totaling a reduction of 10.5 cents per gallon since hitting $4.109 on February 12 and maintaining that level until February 19.
- Compared to this time last year, the price of diesel fuel has decreased by 24.3 cents per gallon.
- Across the United States, diesel prices decreased in nine out of ten regions surveyed by the EIA on a weekly basis, with the exception being a marginal increase of 1.4 cents in the West Coast excluding California. The largest decrease occurred in the Lower Atlantic region, with a drop of 4.4 cents per gallon.
- Gasoline prices saw a slight increase of 2.6 cents, reaching $3.376 per gallon. This is 8 cents less than the price a year ago.