All things considered, on-highway diesel prices were staying about the same Monday, with the average price only down four tenths of a penny to $3.239 compared with $3.243 on July 9, the Energy Information Administration (EIA) reported.
Three of the EIA’s 10 reporting regions — the Central Atlantic, the Gulf Coast and the Rocky Mountain — stayed the same, and the only area to see a change of more than a cent was the West Coast Less California, which decreased 1.5 cents a gallon to $3456.
Six reporting sectors saw a decline, but none as much as a penny.
California is teetering just below the $4-a-gallon mark at $3.968, while the Gulf Coast is teetering just above $3 a gallon at $3.004, the same price it was last week.
Next week’s prices could see prices even lower since energy companies were falling Monday along with the price of crude oil, bringing U.S. stocks lower after two weeks of gains.
The price of crude oil slumped almost 4 percent on reports the U.S. will take a softer stance on countries that import oil from Iran, The Associated Press reported.
For the price of diesel by EIA region click here.
Dorothy Cox is former assistant editor – now retired – of The Trucker, and a 20-plus-year trucking journalism veteran. She holds a bachelor’s degree in fine arts and a master’s degree in divinity. Cox has been in journalism since 1972. She has won awards for her writing in both mainstream and trucking journalism.