U.S. diesel price falls for seventh time in eight weeks

Updated Jul 4, 2011

The U.S. average price for a gallon of diesel declined for the seventh time in eight weeks during the week ended Monday, June 27, this time falling 6.2 cents to $3.888 a gallon, according to the U.S. Department of Energy’s Energy Information Administration. Diesel prices are 93.2 cents higher than the same week last year.

The average price of diesel declined in all regions tracked by DOE. The largest drop was 9.0 cents in California, where prices fell to $4.146, still the nation’s most expensive diesel. The smallest decline was 3.9 cents in New England, where prices fell to $4.038. The nation’s cheapest diesel was on the Gulf Coast, where prices declined 6.2 cents to $3.834.

Complete diesel price information is available on EIA’s website.

Learn how to move your used trucks faster
With unsold used inventory depreciating at a rate of more than 2% monthly, efficient inventory turnover is a must for dealers. Download this eBook to access proven strategies for selling used trucks faster.
Used Truck Guide Cover