The U.S. average retail price of diesel dropped 3.5 cents to $3.07 a gallon, the Department of Energy reported June 17. Crude oil prices slipped below $52 amid more warning signs of weakening demand.
The average diesel price has fallen 9.3 cents a gallon since May 20.
Diesel costs 17.4 cents less than it did a year ago when it was $3.244, DOE said.
Regional diesel fell everywhere across the nation. The regional average that fell the least: 2.3 cents in the Gulf Coast, where prices are $2.820 a gallon.
Also, the national average price for regular gasoline dropped 6.2 cents to $2.670 a gallon, DOE’s Energy Information Administration said.
Gasoline’s national average price has fallen for six consecutive weeks, dropping a total of 19.6 cents over that period.