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Industrial Parts Dep

Diesel down again, to $4.073; a nickel less than a year ago

The lowest regional price of diesel was still in the Midwest, at $3.971, followed by the Gulf Coast at $3.98.

The Trucker Staff

4/30/2012

WASHINGTON — The average price for a gallon of diesel has dropped 1.2 cents for the fourth decline in five weeks, holding the cost of fuel at the lowest level since the end of February.

Officially, the nationwide retail on-highway price for a gallon of diesel came in at $4.073, according to the April 30 report by the Energy Information Administration of the Department of Energy.

While the price is still 30 cents higher since the first of the year, diesel is now a nickel cheaper than it was a year ago.

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The Lower Atlantic region saw the biggest decrease, down 2.5 cents per gallon. The West Coast, if California isn’t included, actually declined 4.7 cents, offset by a 1.2 cent rise in California — the only gain registered in the latest government figures.

And the West Coast still had the highest regional price at $4.33, which includes California — where the state premium brought the average cost of a gallon of diesel there to $4.396.

The lowest regional price was in the Midwest, at $3.971, followed by the Gulf Coast at $3.98.

For a complete record of the last three weeks by region, click here.

Kevin Jones of The Trucker staff can be reached for comment at kevinj@thetrucker.com.

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JB Hunt