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On-highway diesel down 5.9 cents from last week to $3.897

Last week, on May 21, was the first time diesel had gone below $4 a gallon to $3.956 since mid February.

The Trucker Staff

5/29/2012

U.S. on-highway diesel prices today were down nearly 6 cents from last week — a decrease of 5.9 cents a gallon — as reported by the U.S. Energy Information Administration (EIA). That’s down 5.1 cents from this time a year ago. Yet they were still nearing $4.00 a gallon at $3.897.

By comparison, on-highway diesel nationally was $3.783 on Jan. 2, had climbed to $3.856 by Feb. 6 and from Feb. 27 to May 14, had stayed above $4 a gallon.

Last week, on May 21, was the first time diesel had gone below $4 a gallon to $3.956 since mid February.

The West Coast reporting areas: the West Coast not counting California, the West Coast and California itself, three areas which normally post price increases, saw prices go down 6.3 cents, 6.9 cents and 7.5 cents, respectively. California came in this week with diesel at $4.228 per gallon; the West Coast less California at $4.089 per gallon and the West Coast at $4.164 per gallon.

The Lower Atlantic reporting region was down 6.2 cents to $3.854 and the East Coast was down 5.9 cents a gallon, logging in at $3.940.

More details are available by clicking here. Be sure to scroll down below gasoline prices, which are now above the diesel prices.

The Trucker staff can be reached to comment on this article at editor@thetrucker.com.

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