National Diesel Average Stabilizes After Weekslong Fall

The drop in diesel prices cooled off this week, with the national average falling just .002 cents to $4.909 per gallon. 

Some regions even saw a slight increase for the week ending August 22 after two months of falling prices, according to the Energy Information Administration (EIA). Overall, the market mainly held steady for the week. 

The Midwest saw the highest increase — almost two cents — for an average price of $4.890 a gallon.  

The West Coast rose .007 cents for an average price of $5.548, while the Gulf Coast saw a similar increase of .005 cents to an average price of $4.619. 

The news wasn’t all increases, as the Rocky Mountain region’s average went from $4.963 to $4.885, a drop of almost eight cents. The East Coast’s average price dipped almost three cents, going from $4.950 to $4.922. 

California remained the king of the hill in diesel prices, with a gallon of fuel costing $6.029. Historically, the price of diesel is $1.585 more expensive today than it was a year ago.