The national average retail price of a gallon of diesel declined for the fifth consecutive week, falling 1.9 cents to $2.582 for the week ending Monday, Oct. 5. The price – which has fallen 9.2 cents since hitting this year’s high of $2.674 on Aug. 31 – is $1.293 less than the same week last year, according to the U.S. Department of Energy (DOE).
All regions tracked by DOE saw price declines. The biggest decrease, 2.4 cents, was found in the Midwest, where prices fell to $2.561. The smallest decrease, 0.7 cent, was found on the Gulf Coast, where prices slipped to $2.518, still the nation’s least expensive diesel by region. The nation’s most expensive diesel by region, $2.722, was found on the West Coast, where prices fell 2.0 cents.
California, which DOE tracks separately for its weekly update, saw a price decrease of 1.5 cents to $2.792; that price is $1.077 cheaper than last year.
