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The national average price of diesel dipped for the second week in a row, down this week by 4.2 cents to $5.571 a gallon from $5.613, the Energy Information Administration reported May 23.
Highlights
- This the second weekly drop, albeit minor, after a couple weeks of sharp increases. The price reached an all-time high of $5.623 a gallon in the data reported May 6.
- A gallon of diesel now costs $2.318 more than it did at this time in 2021.
- Diesel’s cost dropped by single digits in most of the 10 regions in EIA’s weekly survey, with the exception of the Rocky Mountain area and the West Coast, which saw small increases. The largest drop was in the Gulf Coast, where the price fell by 7.9 cents a gallon.
U.S. On-Highway Diesel Fuel Prices
EIA.gov
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