U.S. diesel price drops 1.4 cents, 2.594 dollars

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The national average retail price of a gallon of diesel fell for the second consecutive week, declining 1.4 cents to $2.594 for the week ending Monday, July 6. The price – which had climbed 43.1 cents in the seven weeks prior to last week – is $2.133 less than the same week last year, according to the U.S. Department of Energy (DOE).

All regions tracked by DOE saw price decreases except one, the Rocky Mountains, where week-over-week prices climbed 1.7 cents to $2.648. The largest decrease by region, 2.4 cents, was found in the Lower Atlantic, where week-over-week prices fell to $2.56. The smallest decrease by region, 0.6 cents, was found on the West Coast, where week-over-week prices fell to $2.706.

The nation’s most expensive diesel by region, $2.714, was found in the Central Atlantic, where week-over-week prices fell 1.2 cents. The nation’s least expensive diesel by region, $2.547, was found on the Gulf Coast, where week-over-week prices fell 2.2 cents.

California, which DOE tracks separately for its weekly update, saw a price increase of 0.2 cent to $2.787; still, that price is $2.214 cheaper than last year.

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