According to today's USDA Grain Transportation Report, according to the Energy Information Administration (EIA) data, for the week ending March 27, the U.S. average diesel fuel price was $4.128 per gallon—down 5.7 cents from the previous week and down 105.7 cents from the same week last year.
This marked the 8th consecutive week of price declines.
Since January 31, the U.S. average diesel price has dropped 49.4 cents.
For the week ending March 27, diesel prices declined in all 10 EIA regions, but fell most sharply in the Rocky Mountains (down 11.9 cents per gallon).
Diesel prices were the cheapest in the Gulf Coast (at $3.882 per gallon) and the Midwest (at $3.974 per gallon).
The Midwest diesel price dropped 4.7 cents from last week and fell 102 cents from the same time last year.