EIA: U.S. Retail Diesel Prices Down 4.4cts on Week
12/30 11:11 AM
EIA: U.S. Retail Diesel Prices Down 4.4cts on Week Barani Krishnan DTN Refined Fuels Market Reporter SECAUCUS, NJ (DTN) -- The national average weekly price for retail diesel fuel fell by 4.4cts as of Monday (12/29) amid continued declines in all U.S. regions despite freezing temperatures that usually result in greater demand for distillates-based heating, pricing data released Tuesday (12/30) by the Energy Information Administration (EIA) showed. The national average for retail diesel fuel stood at $3.50 gallon, after its fourth straight weekly decline. The national average was also down 0.03cts year-on-year, although regions such as the East Coast and West Coast showed higher pricing compared with a year ago. Lower diesel supply versus 2024 has kept year-on-year prices supported in some cases despite weekly drops. Freezing temperatures have also limited the downside in diesel prices, a proxy for heating oil. The East Coast (PADD 1) saw average diesel prices move lower by 2.9cts to $3.645 gallon as of December 29, while staying 5.8cts above the same period last year, as colder temperatures began to lift heating oil demand in the region. On the East Coast as well, weekly diesel prices in New England (PADD 1A) fell by 1.2cts to $4.035 gallon, while staying up by 28.2cts year-over-year, in a region more directly exposed to winter heating demand that draws from the distillate pool. In the Central Atlantic (PADD 1B), diesel slipped by 1.7cts to $3.875 gallon, while standing 10.1cts higher on the year. In the Lower Atlantic (PADD 1C) -- where milder temperatures limited winter-driven demand, diesel fell by 3.5cts to $3.522 gallon, while remaining up by 2.1cts year-over-year. In the Midwest (PADD 2), diesel prices dropped by 5.9cts to $3.424 gallon during the week ended December 29. Midwest diesel stood 4.5cts lower than the same week last year. In the Gulf Coast (PADD 3), weekly average diesel prices declined by 3cts to $3.184 gallon, while holding 1.2cts above levels from a year earlier, supported by ample refining capacity and steady supply. In the Rocky Mountain region (PADD 4), diesel dropped by 7.1cts to $3.233 gallon, posting the largest weekly declines among all PADD regions. PADD 4 diesel was also 13.7cts below the same period last year. In the West Coast (PADD 5), weekly average diesel prices fell by 4.9cts to $4.156 gallon, while marking a 4.6cts year-over-year rise as winter-grade diesel production and higher costs continued to influence prices. Diesel prices at West Coast less California decreased by 4.7cts to $3.719 gallon last week. Year-on-year, it was up by 1.4cts. California diesel prices declined by 5.1cts to $4.66 gallon on the week but stood 8.4cts higher on the year, reflecting both seasonal demand and ongoing supply constraints. (c) Copyright 2025 DTN, LLC. All rights reserved.
 
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