The national average on-highway diesel price Monday went down for the second week in a row to $3.220, 1.9 cents a gallon less than the $3.239 it was selling for last week, according to the U.S. Energy Information Administration (EIA).
The Gulf Coast region is back under $3 a gallon at $2.993, and California diesel prices have returned to below $4 a gallon at $3.943.
The U.S. on-highway average is 71.3 cents over what it was this time a year ago.
All 10 of the EIA’s reporting sectors showed a price decline, with the Midwest down 2.9 cents a gallon; California down 2.5 cents a gallon and the West Coast down 2.3 cents a gallon.
Oil prices fell Monday, erasing gains from earlier in the day. Benchmark U.S. crude dropped 37 cents to settle at $67.89 per barrel in New York, and Brent crude, used to price international oils, slipped a penny to close at $73.06, The Associated Press reported.
For more on diesel prices by region click here.
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