U.S. diesel prices fell for the second straight week during the week of March 11, according to the U.S. Energy Information Administration.
U.S. Diesel Fuel Prices
Source: Energy Information Administration
The average price, $4.088 per gallon, is down 1 percent or 4 cents from the previous week. This is 0.8 percent lower than the price of $4.123 at the same time a year ago. The price of diesel remains above $4 per gallon in all regions of the country for the third straight week.
Diesel prices have dropped 1.7 percent or 7 cents in the past two weeks after rising 6.75 percent or 26 cents per gallon over the course of five weeks in January and February 2013. The per-gallon average is up 4.34 percent or 17 cents since the beginning of 2013.
Diesel prices in all regions dropped this week. California and the Central Atlantic region saw the largest drops. The other regions experienced smaller declines.