The national average price of diesel fell again this past week. A report released on Monday August 3rd, by the Energy Information Administration, showed the national average price of diesel declining by three tenths of a cent. The national average price of diesel is now $2.424.
The price of diesel fell in seven of the ten measured regions. All three regions that saw prices increase are located in the western half of the country (the West Coast, the West Coast less California, and the Rocky Mountain region).
Both the Rocky Mountain and West Coast regions saw prices increase by one tenth of a cent. Diesel purchased in the Rocky Mountain region now sits at $2.343, 62.2 cents cheaper than in August of 2019. Prices rose to $2.955 on the West Coast, 65 cents less than last year.
The big increase came from the West Coast, less California. Prices climbed six tenths of a cent to $2.592 – still 59 cents cheaper than it was one year ago.
Prices had the biggest fall in the Gulf Coast. That region saw the cost of diesel decrease by eight tenths of a cent, to $2.175 per gallon. Fuel is 61.2 cents cheaper than in 2019 in that region.
Diesel costs fell three tenths of a cent in both the Midwest and California, and two tenths of a cent on the East Coast. Fuel is still priciest in California, of course. At $3.253 per gallon, this is the only region where diesel prices exceed $3 on average.
This is the eight consecutive week of prices staying in the $2.40 range. Diesel is now 60.8 cents less than it was last year at this time.
The price of regular gasoline is up by one tenth of cent, but still 51.2 cents cheaper than in 2019. The national average price of gas is $2.176.