Cost Falls for Second Straight Week After Four Consecutive Increases

The West Coast, the West Coast less California and California all had price drops of at least 5 cents. (Nirian/Getty Images)

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The national average diesel price dipped 4.7 cents to $3.779 a gallon, according to Energy Information Administration data released July 22.

Highlights

  • Diesel’s national average price has dropped in each of the past two weeks, totaling 8.6 cents, after four consecutive increases.
  • A gallon of diesel now costs 12.6 cents less than it did at this time in 2023.
  • Diesel’s average price declined in all 10 regions of EIA’s weekly survey, from a high of 9 cents along the Gulf Coast to just six-tenths of a cent in the Central Atlantic.
  • The national average price for a gallon of gasoline declined 2.5 cents to $3.471. That’s 12.5 cents less than it cost at this time a year ago.

U.S. On-Highway Diesel Fuel Prices

EIA.gov

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