Saturday, January 20, 2018

Average price of gallon of diesel declines 1.2 cents


Monday, May 1, 2017
by THE TRUCKER STAFF

The average price of a gallon of diesel for the week ending May 1 is 31.7 cents a gallon higher than the same week last year. (The Trucker file photo)
The average price of a gallon of diesel for the week ending May 1 is 31.7 cents a gallon higher than the same week last year. (The Trucker file photo)

WASHINGTON — On a day when President Donald J. Trump said he would be willing to increase the tax on gas and diesel to help fund his trillion dollar infrastructure program, the average on-highway price of a gallon of diesel dropped for the first time in four weeks.

The Energy Information Agency of the Department of Energy said the average price for the week ending May 1 declined 1.2 cents to $2.583.

All but two of the EIA's reporting regions declined, led by the Gulf Coast, which was down 2.3 cents a gallon.

Only the Rocky Mountain states at four tenths of a penny and the New England states at three-tenths of a penny, showed increases.

The price for the week ending May 1 is 31.7 cents a gallon higher than the same week last year.

For a complete listing by region for the past three reporting weeks, click here.

 

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