Diesel prices down another ten cents

The average diesel price in the U.S. fell ten cents to $2.42 per gallon for the week of December 15, 2008, according to the Energy Information Administration (EIA), as prices have experienced a double digit drop for the tenth time in eleven weeks and reached their lowest point since January 29, 2007.

The price of a barrel of U.S. crude oil is up slightly, reaching $44.28 this afternoon according to The Associated Press. However, it is still more than $100 less expensive than the all-time high of $147.27 recorded in mid-July.

The most expensive area for diesel fuel continues to be New England, where it averaged $2.72 per gallon. The least expensive area is the West Coast, where it averaged $2.30 per gallon.