The latest fuel report indicates a continued trend of decreasing gas and diesel prices across most regions.
According to ProMiles.com, the national average price per gallon of diesel stood at $3.851 on Monday, Jan. 22, marking a slight decrease from the previous week’s $3.856. It’s noteworthy that ProMiles’ approach, utilizing a direct feed from numerous truck stops, differs from the federal Energy Information Administration’s (EIA) weekly report, which relies on surveys from 400 truck stops and convenience stores nationwide.
The West experienced the most significant declines, with the West Coast region leading with an 8-cent drop. California followed closely with a 6.9-cent decrease, and both the Rocky Mountain and West Coast (excluding California) regions saw dips ranging from 4 to 5 cents.
In terms of increases, the Gulf Coast saw a rise of 2.6 cents, and the Midwest reported a modest 1-cent jump. The Lower Atlantic and East Coast regions reported increases of less than 1 cent.
As reported by ProMiles.com, the average U.S. diesel price on Jan. 22 was $3.851, while AAA cited a retail average U.S. price of $3.905 for the same date. This reflects a decline from the previous week’s average of $3.927. Looking back, a month ago, AAA reported $4.029 per gallon of diesel, and a year ago, the figure was $4.621 per gallon.
EIA’s Jan. 22 report showed a national price per gallon for diesel decreased by 2.5 cents to $3.838. Notably, this marks a 76.6-cent reduction compared to the same week last year.
In regional terms, all fuel prices saw a decline, with the West Coast (excluding California) experiencing the most significant drop at 9.1 cents. The West Coast, Rocky Mountain, and California regions reported decreases of 7.2, just under 6, and 5 cents, respectively.
Source: Land Line
