WASHINGTON — The on-highway average price for a gallon of diesel dropped 1.1 cents to $2.965 for the week ending January 21, according to the Energy Information Administration of the Department of Energy.
Weekly diesel prices are normally posted on Monday, but the DOE was closed Monday in observance of the Martin Luther King Jr. national holiday.
It marked the 14th straight week the price had declined, although drop of 1.1 cents was the smallest since the week of November 5 when the price dropped 1.7 cents to $3.338.
Since the decline began the week of October 22 the average national price has dropped 42.9 cents a gallon.
All regions of the country declined with the Rocky Mountain states leading the way with a 4.3 cents per gallon drop. The next closest decline was 1.9 cents a gallon in the Lower Atlantic states.
The only region to show an increase was the Gulf Coast where the price increased two-tenths of a penny to $2.79, which is still the lowest price per gallon in the country.
The price for the week ending January 21 is 6 cents lower than the comparable week one year ago.
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