U.S. diesel prices fell for the third straight week during the week of March 18, according to the U.S. Energy Information Administration.
The average price, $4.047 per gallon, is down 1 percent or 4 cents from the previous week, which fell at the same rate — 1 percent or 4 cents — from the week prior. This week’s average per-gallon price is 2.3 percent lower than the price of $4.142 at the same time last year. Diesel prices have dropped 2.7 percent or 11 cents in the past three weeks, but are up 3.3 percent or 13 cents since the beginning of 2013.
Diesel prices in the Gulf Coast and Rocky Mountain regions dropped below $4 this week to $3.989 and $3.971, respectively. While prices for all regions fell this week, the West Coast saw the largest decline in prices.