EIA: Midwest On-Highway Retail Diesel Drops to 29Mo. Low
6/10 3:37 PM
EIA: Midwest On-Highway Retail Diesel Drops to 29Mo. Low OAKHURST, N.J. (DTN) --- The Midwest PADD 2 on-highway retail diesel fuel price eroded further, dropping a ninth straight week through today to the lowest price point since January 2022, data from the Energy Information Administration show. EIA reports the PADD 2 price slid 8.0cts to $3.512 gallon as of today, the lowest price since the week ended Jan. 3 2022, while 20.5cts below the same week in 2023. The data show the U.S. average on-highway diesel price dropped a ninth consecutive week, sinking 6.8cts to $3.658 gallon, the lowest price since the week-ended Jan. 10, 2022 at $3.657 gallon. The price point is 13.6cts lower than the same week in 2023. DTN's national diesel fuel rack average extended lower, dropping 6.14cts to $2.3864 gallon as of today. At the Gulf Coast PADD 3, the price fell a ninth week, down 6.6cts to $3.384 gallon, the lowest since the week-ended Jan. 10, 2022, while the Rocky Mountain PADD 4 price dropped 4.2cts to $3.643 gallon, the lowest since the final week of September 2021. EIA reports the West Coast PADD 5 on-highway diesel price fell a ninth week, down 5.2cts to $4.377 gallon as of today, the lowest price since the week-ended Jan. 3, 2022. The East Coast PADD 1 price point posted a ninth straight weekly loss, down 6.4cts to $3.789 gallon, the lowest since the week of Jan. 24, 2022. (c) Copyright 2024 DTN, LLC. All rights reserved.
 
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