Diesel Fuel Price Keeps Dropping

February 2,2015

U.S. diesel fuel price continue to decrease – lowest level since February 2010 The U.S. average retail price for on – highway diesel fuel fell to $2.83 a gallon on Monday. That’s down 3 ½ cents from a week ago, based on the weekly price survey by the U.S. Energy Information Administration.

Screen Shot 2015-02-02 at 3.10.12 PMDiesel prices were highest in the Central Atlantic region at 3.04 a gallon, down 3.7 cents from a week ago.

In California the average price was down to $2.88 a gallon with the lowest price in the state down to $2.35. Tulare’s lowest was at $2.57.The average price a year ago was about $4.12.

Low prices for this fuel help move goods more cheaply as well as farmers operate their pumps and farm equipment at a fraction of historical costs.

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