The typical cost of diesel across the nation continues to decrease, dropping by 6.8 cents per gallon to reach $3.658, as reported by the Energy Information Administration on June 10.
Key Points:
- Diesel prices have been on a downward trend for nine consecutive weeks, showing a significant decline of 40.3 cents since April 8 when it was priced at $4.061 per gallon.
- This current average price of diesel hasn’t been seen since January 10, 2022, when it stood at $3.6257.
- Compared to the same period last year, the average price of diesel is now 13.6 cents cheaper per gallon.
- In the EIA’s weekly survey, diesel prices decreased in all 10 regions, with the Midwest experiencing the largest drop of 8 cents and New England the smallest at 1.9 cents.
Additionally, the national average price for a gallon of gasoline also decreased by 8.7 cents over the past two weeks, totaling a 14.8-cent drop, settling at $3.429. This marks a decrease of 16.6 cents compared to the same time last year.