EIA: U.S. Retail Diesel Falls 5.3cts From 4-Year High
9/01 9:17 AM
EIA: U.S. Retail Diesel Falls 5.3cts From 4-Year High
Miguel E. Andujar
DTN Refined Fuels Market Reporter
DAVENPORT, FL (DTN) -- U.S. pump prices for diesel fell 5.3cts this week to
$5.599 gallon during the week ended August 31, retreating from the more than
four-year high reached the previous week, Energy Information Administration
(EIA) data showed Tuesday (9/1).
The national average remained $1.865 above levels seen during the previous
year after reaching $5.652 gallon in the prior week, the highest since the week
ended July 4, 2022.
The Gulf Coast (PADD 3) posted the largest weekly decline, falling 12.1cts
to $5.360 gallon, followed by the Lower Atlantic (PADD 1C), which dropped
7.4cts to $5.276 gallon.
The Midwest (PADD 2) fell 6.5cts to $5.571 gallon, while East Coast (PADD 1)
diesel prices declined 5cts to $5.448 gallon.
California recorded the largest weekly increase, rising 17.8cts to $7.218
gallon, while the West Coast (PADD 5) climbed 9cts to $6.497 gallon. The Rocky
Mountain region (PADD 4) rose 1.8cts to $5.555 gallon.
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