California diesel price drops 70 cents since November
The price of diesel fuel has dropped $.70 since November says the federal Energy Information Agency.West Coast Pad 5 price that includes California was selling for $5.34 as of October 30 and as of January 15 it is selling for $4.58, more than a 70 cent drop.In June 2023 the average price in the state was $6.13 a gallon.
Oil analyst Tom Kloza in a “ Disinflation Update” offers this price comparison for average price of fuels nationwide.
Fuel Current Price Year Ago % Change
Gasoline $3.08/gal $3.39/gal – 9.1%
Diesel $3.92/gal $4.61/gal -15.0%
Jet fuel $2.66/gal $3.92/gal -32.1%
