EIA: U.S. Retail Diesel Prices Down 7.3cts on Week


   
Miguel E. Andujar
DTN Refined Fuels Market Reporter

   DAVENPORT, FL (DTN) - The national average price for retail diesel fuel fell 
by 7.3cts as of Monday (12/01) as decreases in all U.S. regions extended last 
week's decline, according to pricing data from the Energy Information 
Administration (EIA) released Tuesday (12/02).

   The national average for retail diesel fuel was at $3.758 gallon last week, 
standing 21.8cts higher than the same period a year earlier, EIA data showed.

   In the Midwest (PADD 2), diesel prices dropped by 9.5cts to $3.755 gallon in 
the week ended December 1, posting the largest weekly decline among all PADD 
regions, while standing 23.4cts higher than the same week last year.

   The East Coast (PADD 1) saw average diesel prices move lower by 7.7cts to 
$3.785 gallon as of December 1, while staying 18.8cts above the same period 
last year.

   On the East Coast as well, weekly diesel prices in New England (PADD 1A) 
eased by 0.8cts to $4.049 gallon, while staying up 27.6cts year on year.

   In the Central Atlantic (PADD 1B), diesel slipped by 2.8cts to $3.982 
gallon, while being 18.9cts higher on the year. In the Lower Atlantic (PADD 
1C), it fell by 10.2cts to $3.687 gallon and was up by 18cts year on year.

   In the Gulf Coast (PADD 3), weekly average diesel prices declined by 4.4cts 
to $3.415 gallon, while holding 18.8cts above levels from a year earlier.

   The Rocky Mountain region (PADD 4) dropped by 5.8cts to $3.665 gallon, while 
remaining 23.4cts above the same period last year.

   West Coast (PADD 5) weekly average diesel prices fell by 7.3cts to $4.441 
gallon, marking a 27.7cts year on year rise.

   Diesel prices at West Coast less California decreased by 8.2cts to $4.026 
gallon last week, while being 28.7cts above levels from a year earlier.

   California retail diesel prices declined by 6.4cts to $4.919 gallon on the 
week but stood 26.7cts higher year on year.




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