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Regional Variance Produces Tiny Drop in Diesel’s National Average


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The price of diesel may be showing signs of leveling off after falling again for the ninth consecutive week, but by just two-tenths of a cent.

Diesel dropped to $4.909 a gallon this week nationally according to the Energy Information Administration, and by region it increased in just as many regions as it fell — five.

Highlights:

  • Diesel rose by 1.8 cents a gallon in the Midwest, joining the Gulf Coast, the West Coast, the West Coast less California, and California as regions where the price rose.
  • Diesel fell by a hefty 8.2 cents a gallon in the Central Atlantic, joining the East Coast, New England, the Lower Atlantic and Rocky Mountains as regions where the price dropped.
  • Diesel is cheapest in the Gulf Coast at $4.619 a gallon, and most expensive in California at $6.029 a gallon.
  • Propelled by a drop in prices in every region, the national average for a gallon of gasoline slid 5.8 cents to $3.88, still 73.5 cents a gallon more than a year ago.

On-Highway Diesel Fuel Prices

EIA fuel chart for Aug. 22, 2022

EIA.gov

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