EIA: U.S. Diesel Down 20.5cts on Week, Extends Decline
4/21 9:48 AM
EIA: U.S. Diesel Down 20.5cts on Week, Extends Decline
Miguel E. Andujar
DTN Refined Fuels Market Reporter
DAVENPORT, FL (DTN) -- The U.S. Energy Information Administration reported
Tuesday (4/21) that retail diesel prices declined for a second consecutive
week, with the national average dropping 20.5cts during the week ended April 20
to average $5.403 gallon.
Compared with the same time last year, diesel nationwide was up $1.869
gallon on average.
East Coast diesel prices fell 18cts to $5.494 gallon. Compared with the same
time last year, this PADD 1 region showed a $1.88 gallon increase.
New England diesel prices declined 16.2cts to $5.862 gallon. This PADD 1A
region climbed $1.929 versus the same period last year.
The Central Atlantic witnessed a 7.2cts decrease on the week. Prices in the
PADD 1B region averaged $5.924 gallon, rising $2.105 compared with the previous
year.
Diesel prices in the Lower Atlantic averaged $5.297 gallon. This PADD 1C
region reflects a 22.1cts decrease on the week and a $1.792 gallon rise from
the same time last year.
In the Midwest, diesel prices fell 21.7cts on the week. The PADD 2 region
averaged $5.165 gallon, which was $1.69 gallon higher than levels seen a year
earlier.
On the Gulf Coast, diesel dropped 24.1cts on the week to $5.069 gallon.
Compared with the prior year, prices in PADD 3 were up $1.874 gallon.
Rocky Mountain diesel saw a 4.3cts decrease on the week to $5.213 gallon.
The PADD 4 region posted a $1.736 gallon increase versus the same time last
year.
West Coast diesel prices fell 20.2cts on the week to average $6.62 gallon.
Compared with the previous year, the PADD 5 region was up $2.37 gallon.
West Coast less California diesel dropped 17.3cts on a weekly basis to $6.01
gallon. This represented a $2.197 gallon increase from the same time last year.
California diesel itself slid 23.4cts on the week to $7.325 gallon. Prices
in the state remain the highest in the nation, sitting at $2.57 gallon above
levels seen at the same time last year.
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