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Diesel Prices Dip Again

The Journal of Commerce Online - News Story
Prices down for second consecutive week after two-month surge

Average nationwide diesel prices fell for the second consecutive week in early July after a two-month surge sent the fuel price to its highest level of the year.

As of July 6, the average price stood at $2.594, down 1.4 cents from a week earlier, and still $2.133 less than a year ago, when prices jumped to almost $5 a gallon, according to the Department of Energy.

The DOE reported price decreases in all regions except the Rocky Mountains, where week-over-week prices gained 1.7 cents to $2.648, and California, which was nearly flat at $2.787.

The least expensive region is the Gulf Coast at $2.547, and the most costly is California.

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