EIA: U.S. Diesel Down 0.1cts on Week at $5.639 Gallon


   
Barani Krishnan
DTN Refined Fuels Market Reporter

   SECAUCUS, NJ (DTN) -- The U.S. Energy Information Administration reported 
Tuesday that retail diesel prices remained nearly flat during the week ended 
May 11, with the national average easing 0.1ct to $5.639 gallon.

   Compared with the same time last year, diesel nationwide was up $2.163 
gallon on average.

   East Coast diesel prices fell 3.9cts to $5.465 gallon for the week ended May 
11. This PADD 1 region showed a $1.931 gallon increase compared with the same 
period last year.

   New England diesel prices decreased 1.4cts to $5.849 gallon. This PADD 1A 
region climbed $1.972 versus the same period last year.

   The Central Atlantic witnessed a 1ct decrease on the week. Prices in the 
PADD 1B region averaged $5.863 gallon, rising $2.086 compared with the previous 
year.

   Diesel prices in the Lower Atlantic averaged $5.278 gallon. This PADD 1C 
region reflects a 5.3cts decrease on the week and a $1.87 gallon rise from the 
same time last year.

   In the Midwest, diesel prices rose 7.3cts on the week. The PADD 2 region 
averaged $5.815 gallon, which was $2.399 gallon higher than levels seen at the 
same time last year.

   On the Gulf Coast, diesel fell 2.6cts on the week to $5.152 gallon. Compared 
with the prior year, prices in PADD 3 were up $2.009 gallon.

   Rocky Mountain diesel saw a 2.6cts decrease on the week to $5.491 gallon. 
The PADD 4 region posted a $2.028 gallon increase year-over-year.

   West Coast diesel prices fell 6.9cts on the week to average $6.562 gallon. 
Compared with the previous year, the PADD 5 region was up $2.351 gallon.

   West Coast less California diesel dropped 9.5cts on a weekly basis to $5.905 
gallon. This represented a $2.17 gallon increase from the same time last year.

   California diesel itself fell 3.9cts on the week to $7.321 gallon. Prices in 
the state remain the highest in the nation, sitting at $2.561 gallon above 
levels seen at the same time last year.




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