For the first time since the beginning of the year, diesel fuel’s national average has dipped below the $3 a gallon mark.
The U.S.’ average price for a gallon of on-highway diesel for the week ending March 5 is $2.992, according to the Department of Energy’s weekly report. This is down 1.5 cents from last week and is the lowest fuel prices have been since the week ending Jan. 1, when prices averaged $2.973 per gallon nationwide.
Prices decreased in all regions across the country except the West Coast less California, where prices held week-over-week. The most significant decrease during the week was seen in the Midwest region, where prices fell by 2.7 cents.
The nation’s most expensive diesel can be found in California at $3.652 per gallon, followed by the Central Atlantic region at $3.24 per gallon.
The cheapest fuel can be found in the Gulf Coast region at $2.793 per gallon, followed by the Lower Atlantic region at $2.894 per gallon.
Prices in other regions, according to the DOE, are:
- New England – $3.126
- Midwest – $2.92
- Rocky Mountain – $2.91
- West Coast less California – $3.064
ProMiles’ numbers during the week saw a 1.6-cent decrease in diesel prices during the week to $2.931 per gallon nationwide.
According to ProMiles’ Fuel Surcharge Index, the most expensive diesel can be found in California at $3.624 per gallon, and the cheapest can be found in the Gulf Coast region at $2.787 per gallon.