[Stay on top of transportation news: Get TTNews in your inbox.]
The average price of diesel dropped seven-tenths of a cent to $2.387 a gallon, declining for the fifth consecutive week, the Energy Information Administration reported Oct 5.
The national average of a price of gasoline nudged upward by three-tenths of a cent to $2.172.
On a national basis, trucking’s main fuel now costs 66 cents a gallon less than it did a year ago. The EIA said diesel declined in six of the 10 regions it surveys. It increased in two regions and remained flat in two.
The biggest drop came in the West Coast-less-California region, where diesel slid 2 cents per gallon to $2.534 per gallon, 68.1 cents cheaper than a year ago.
Saluting the men and women of the trucking industry who kept America’s essential goods flowing during the coronavirus pandemic.
Diesel remained flat in the West Coast region, holding steady at $2.928, and in the East Coast region at $2.473 per gallon.
Diesel increased in two regions, the Lower Atlantic and California.
In the Lower Atlantic region, diesel increased five-tenths of a cent to $2.328 a gallon. In that region, diesel is 58.7 cents less expensive than a year ago.
In California, the price of diesel increased by the largest amount in the nation, jumping 1.6 cents per gallon to $3.252 a gallon. Diesel is 72.9 cents less expensive there than a year ago. As it has for several months, California continues to have the most expensive diesel in the nation.
The least expensive diesel remains in the Gulf Coast region, home to most of the nation’s oil and gasoline production and refining capacity, and substantially lower transportation costs. Diesel costs $2.141 a gallon this week, 1.3 cents a gallon less than last week. Diesel along the Gulf Coast is down 66.3 cents a gallon from last year’s level.
Want more news? Listen to today’s daily briefing: