U.S. diesel prices declined for the seventh consecutive week in the week ending April 15, falling to an average price of $3.942 per gallon, according to the U.S. Energy Information Administration. In the past seven weeks prices have dropped 5.2 percent or 22 cents.
The current price is down 0.9 percent or 3 cents from the previous week and down 4.5 percent from the price of $4.127 at the same time last year. The prior two weeks saw drops of 0.3 and 0.4 percent, relatively less significant than the drop of almost a percent this week. Prices are remaining just above those at the beginning of 2013, at present by 0.6 percent or 2 cents.
All U.S. regions showed diesel price drops this week. The highest week-to-week drop was in the West Coast, which was the only region in previous weeks to hold on to its price increases. The West Coast price fell by 5 cents this week. All other regions showed less significant price declines.