Diesel Prices Drop Further as Gasoline Hits March-Low Levels
Diesel and gasoline prices across the U.S. continue to trend downward, with significant regional differences in costs:
California: Diesel prices fell by 2 cents to $4.739 per gallon, maintaining the nation's highest average.
East Coast: A decrease brought prices down to $3.757 per gallon.
Rocky Mountain Region: Experienced the week's largest drop, with prices down by 5 cents to $3.650 per gallon.
Gulf Coast: Remains the most affordable region for diesel at $3.355 per gallon.
Nationwide, the AAA motor club reports the average diesel price at $3.733 per gallon, down 2 cents from last week and a notable 61 cents lower compared to the same period last year.
Gasoline Prices Reach New Low
U.S. gasoline prices are now at their lowest since March, averaging $3.382 per gallon. This reflects a 3-cent drop from last week and a 48-cent year-over-year decrease.
Interestingly, the Rocky Mountain region saw a 5-cent increase to $3.471 per gallon, standing out from the national trend. Other key changes include:
Midwest: Prices plunged 7 cents to $3.322 per gallon.
East Coast: A moderate 2-cent decline brought prices to $3.299 per gallon.
California: Gas prices eased slightly by 1 cent, averaging $4.318 per gallon.
West Coast (excluding California): Prices averaged $3.774 per gallon.
Overall West Coast: The average price stood at $4.058 per gallon.
Key Regional Insights
Midwest: Led the nation with the steepest gas price declines, offering some of the most affordable rates.
California: Continues to be the costliest region for both diesel and gas, despite marginal price drops.
Looking Ahead: Stable Prices
As autumn continues, fuel prices are expected to remain relatively stable. This trend brings relief to drivers and trucking companies navigating fluctuating operational costs. Monitoring regional trends can help optimize savings at the pump and maximize budget efficiency.
