WASHINGTON — As the old saying goes, every little bit helps.
The average price of an on-highway gallon of diesel declined seven-tenths of a penny to $2.562 for the week ending January 30, according to the Energy Information Administration of the Department of Energy.
The price had declined 2.8 cents over the two previous weeks.
Meanwhile, the price of oil, which obviously impacts the cost of diesel, dropped 44 cents to $52.74 Monday.
The price of oil has been in the $52 range for the past six weeks, according to the DOE.
Monday's price of diesel was 53.1 cents higher than one year ago.
The largest decline was 1.6 cents in the Rocky Mountain states. Both the New England and Central Atlantic states dropped 1.4 cents.
California (plus four tenths of a cent) and the Lower Atlantic states (plus three tenths of a cent) were the only regions to increase.