Diesel price drops below $4
May 21, 2012
As expected, the national average retail diesel price fell below $4 a gallon during the week ended May 21, according to the U.S. Department of Energy’s Energy Information Administration. The average price dropped 4.8 cents to $3.956 a gallon, which is 4.1 cents below the same week last year.
Average retail prices fell in all regions, led by a 6.2-cent decrease in the New England. The smallest decrease was 1.7 cents in the Rocky Mountain region. As usual, California had the most expensive diesel at 4.303 cents a gallon on average. The least expensive diesel was $3.854 a gallon in the Midwest.
Complete diesel price information is available on EIA’s Website.
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