EIA: U.S. Diesel Down 7.3cts on Week at $5.523 Gallon


   
Miguel E. Andujar
DTN Refined Fuels Market Reporter

   DAVENPORT, FL (DTN) -- The U.S. Energy Information Administration reported 
Wednesday (5/27) that retail diesel prices moved lower for a second consecutive 
week during the week ended May 25, with the national average easing 7.3cts to 
$5.523 gallon. Compared with the same time last year, diesel nationwide was up 
$2.036 gallon on average.

   East Coast diesel prices fell 2.6cts to $5.394 gallon for the week ended May 
25. This PADD 1 region showed a $1.839 gallon increase compared with the same 
period last year.

   New England diesel prices decreased 0.9cts to $5.799 gallon. This PADD 1A 
region climbed $1.917 versus the same period last year.

   The Central Atlantic witnessed a 0.9cts decrease on the week. Prices in the 
PADD 1B region averaged $5.810 gallon, rising $2.009 compared with the previous 
year.

   Diesel prices in the Lower Atlantic averaged $5.201 gallon. This PADD 1C 
region reflects a 3.0cts decrease on the week and a $1.773 gallon rise from the 
same time last year.

   In the Midwest, diesel prices fell 12.6cts on the week. The PADD 2 region 
averaged $5.623 gallon, which was $2.195 gallon higher than levels seen at the 
same time last year.

   On the Gulf Coast, diesel fell 7.7cts on the week to $5.045 gallon. Compared 
with the prior year, prices in PADD 3 were up $1.909 gallon.

   Rocky Mountain diesel saw a 5.6cts decrease on the week to $5.493 gallon. 
The PADD 4 region posted a $2.048 gallon increase compared with the same time 
last year.

   West Coast diesel prices fell 2.4cts on the week to average $6.500 gallon. 
Compared with the previous year, the PADD 5 region was up $2.252 gallon.

   West Coast less California diesel slipped 1.1cts on a weekly basis to $5.909 
gallon. This represented a $2.146 gallon increase from the same time last year.

   California diesel itself fell 4.0cts on the week to $7.182 gallon. Prices in 
the state remain the highest in the nation, sitting at $2.374 gallon above 
levels seen at the same time last year.

   The EIA report was released one day later than usual due to the Memorial Day 
holiday Monday.




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