For the week ending November 11, diesel prices across the United States averaged $3.521 per gallon, dropping 1.5 cents from the previous week, as reported by the U.S. Energy Information Administration. This is the third week in a row that prices have declined, with a cumulative decrease of 5.2 cents.

Year-Over-Year Comparison
Compared to the same week in 2023, the national average is down by 77.3 cents. Price changes differed widely by region, with California experiencing the largest drop, down $1.033 from last year.

Regional Analysis

East Coast (PADD 1): Diesel prices on the East Coast dropped by 1.1 cents to an average of $3.579 per gallon. Subregional trends showed mixed results:

  • New England (PADD 1A): Prices saw a small decline of 0.6 cents, landing at $3.747, which is 73.6 cents lower than this time last year.
  • Central Atlantic (PADD 1B): This subregion experienced the only price increase, with a 1.5-cent rise to $3.807. Despite this, prices remain 72.1 cents lower than in 2023.
  • Lower Atlantic (PADD 1C): Diesel prices fell by 2.2 cents to $3.478, down 60.1 cents compared to last year.

Midwest (PADD 2): Diesel prices in the Midwest declined by 1.3 cents, averaging $3.504 per gallon. Over the past three weeks, the region has seen a cumulative decrease of 6.5 cents, with prices currently 80.4 cents lower year-over-year.

Gulf Coast (PADD 3): Known for historically lower prices, the Gulf Coast saw a 1.4-cent decline, bringing the average to $3.170 per gallon. This is 75.7 cents lower than last year, reflecting continued efficiency in refining and proximity to crude oil supplies.

Rocky Mountain (PADD 4): Diesel prices in the Rocky Mountain region dropped the most sharply, down 5.8 cents to $3.525 per gallon. Over the past two weeks, prices have fallen by 8 cents, marking a year-over-year decrease of 83.1 cents.

West Coast (PADD 5): The West Coast remains the most expensive region for diesel, with prices averaging $4.180 per gallon after a 1-cent dip. Within this region:

  • West Coast less California: Prices fell slightly by 0.6 cent to $3.757, now 89.4 cents lower than last year.
  • California: Diesel prices dropped 1.5 cents to $4.666, showing the largest year-over-year decrease across all regions at $1.033 per gallon.

Gasoline Update
The national average price for gasoline fell by 1.7 cents to $3.052 per gallon, making it 29.7 cents cheaper than this time last year.