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Diesel posts first decline in 12 weeks, down a nickel to $4.086

The price of diesel dropped in every DOE region, falling 7.6 cents per gallon on the West Coast and 6.3 cents in the Midwest.

The Trucker Staff

9/24/2012

WASHINGTON — The average price of diesel has fallen for the first time in 12 weeks, dropping about a nickel a gallon.

Officially, the nationwide retail on-highway diesel price came in at $4.086 per gallon, according to the Sept. 24 report by the Energy Information Administration of the Department of Energy. That’s down 4.9 cents, but the price is still up 43 cents since early July and is 30 cents higher than it was a year ago.

The price dropped in every DOE region, falling 7.6 cents per gallon on the West Coast and 6.3 cents in the Midwest. ____________________________________________________________________________________________________________________

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The West Coast still had the highest price at $4.323, although the state premium in California brought the average cost of a gallon of diesel there to $4.386.

The Gulf Coast, at $3.995, once again had the lowest regional price average.

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.