Diesel prices fell, but did so modestly this week according to the weekly report from U.S. Energy Information Administration.
The per-gallon price for diesel inched down by a cent and a half from $4.490 to $4.475.
The differences in prices, whether increase or decrease, hovered around the three-cent mark.
The Midwest Region was one of the exceptions, falling by just over four and a half cents per gallon from $4.399 to $4.352. The Central Atlantic Region also fell by just over four cents per gallon from $4.399 to $4.352.
The increases came from the Lower Atlantic Region which rose by just over three cents per gallon from $4.120 to $4.151 as well as the Gulf Coast Region which climbed nearly four cents per gallon from $3.951 to $3.989.
The Associated Press reported on Wednesday that the price for a barrel of Brent crude oil fell 3.8% to $95.80 after the ceasefire between the United States and Iran appeared to hold despite the U.S. military launching what it called “self-defense” strikes in southern Iran. A barrel of benchmark U.S. crude fell even more, 4.5%, to $89.64 on hopes that the United States and Iran can reach an agreement to reopen the Strait of Hormuz and allow oil tankers to exit the Persian Gulf again.
Bruce Guthrie is an award-winning journalist who has lived in three states including Arkansas, Missouri and Georgia. During his nearly 20-year career, Bruce has served as managing editor and sports editor for numerous publications. He and his wife, Dana, who is also a journalist, are based in Carrollton, Georgia.
