U.S. diesel prices experienced a slight drop in the week ending May 27, following two weeks of rising prices, according to the U.S. Energy Information Administration. During those two weeks, prices had increased a total of 1 percent or 4.5 cents.
The average price is currently at $3.88 per gallon, inching down 0.3 percent or 1 cent from the previous week. The current price is 0.4 percent below the same week in 2012 and is 1 percent or 4 cents below where it stood at the beginning of 2013.
Diesel price trends varied across the U.S. this week. Most regions showed drops in prices, with the biggest decline being in California, where the average fell 2.8 cents from last week to $4.044. This is currently the only region above the $4-per-gallon mark. The Central Atlantic and Rocky Mountain regions experienced rises in prices of 0.3 cents to $3.928 and 1.5 cents to $3.863 respectively. The New England and Gulf Coast regions remained flat week-to-week.