According to today's USDA Grain Transportation Report, for the week ending September 26, the U.S. average price of diesel fell 7.5 cents to $4.889 per gallon.
According to the U.S. Energy Information Administration (EIS), this price was $1.483 above the same time last year. This most recent price marks the first time since March that diesel was below $4.90 per gallon (having dipped to $4.849 on March 7).
From August 29 to September 26, the U.S. average diesel price dropped by 22.6 cents a gallon. The price of diesel fell in all 10 regions. In the Midwest, the key grain-producing region, the diesel price showed the largest decrease, falling by 1.14 cents to $4.881 per gallon.
In California, the price of diesel fell 3.9 cents to $6.110, the smallest decrease in any of the regions.
Read the full report here.