EIA: U.S. Diesel Down 4.3cts on Week at $5.596 Gallon


   
Barani Krishnan
DTN Refined Fuels Market Reporter

   SECAUCUS, NJ (DTN) -- The U.S. Energy Information Administration reported 
Tuesday (5/19) that retail diesel prices drifted lower during the week ended 
May 18, with the national average easing 4.3cts to $5.596 gallon. Compared with 
the same time last year, diesel nationwide was up $2.06 gallon on average.

   East Coast diesel prices fell 4.5cts to $5.42 gallon for the week ended May 
18. This PADD 1 region showed a $1.84 gallon increase compared with the same 
period last year.

   New England diesel prices decreased 4.1cts to $5.808 gallon. This PADD 1A 
region climbed $1.911 versus the same period last year.

   The Central Atlantic witnessed a 4.4cts decrease on the week. Prices in the 
PADD 1B region averaged $5.819 gallon, rising $2.031 compared with the previous 
year.

   Diesel prices in the Lower Atlantic averaged $5.231 gallon. This PADD 1C 
region reflects a 4.7cts decrease on the week and a $1.762 gallon rise from the 
same time last year.

   In the Midwest, diesel prices fell 6.6cts on the week. The PADD 2 region 
averaged $5.749 gallon, which was $2.268 gallon higher than levels seen at the 
same time last year.

   On the Gulf Coast, diesel fell 3cts on the week to $5.122 gallon. Compared 
with the prior year, prices in PADD 3 were up $1.921 gallon.

   Rocky Mountain diesel saw a 5.8cts increase on the week to $5.549 gallon. 
The PADD 4 region posted a $2.037 gallon increase year-over-year.

   West Coast diesel prices fell 3.8cts on the week to average $6.524 gallon. 
Compared with the previous year, the PADD 5 region was up $2.228 gallon.

   West Coast less California diesel rose 1.5cts on a weekly basis to $5.92 
gallon. This represented a $2.092 gallon increase from the same time last year.

   California diesel itself fell 9.9cts on the week to $7.222 gallon. Prices in 
the state remain the highest in the nation, sitting at $2.387 gallon above 
levels seen at the same time last year.

    




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