After three weeks of steady increases, diesel and gasoline prices finally dropped throughout the U.S. The U.S. Energy Information Administration released data on April 14 that showed the national average on-highway diesel price dropped 6 cents to $3.579. Gas prices dropped 8 cents to $3.168.
What are the current diesel prices across the U.S.?
Here are this week’s diesel price highlights from each region of the U.S.:
- Gulf Coast: Diesel prices saw the biggest drop off the Gulf Coast by 7 cents to $3.267.
- Midwest: In the flyover states, diesel prices dropped 7 cents to $3.510.
- East Coast: Diesel prices fell 5 cents to $3.660 off the East Coast.
- West Coast: In the western region of the U.S., diesel prices dropped 4 cents to $4.281. Without California, prices still fell by 4 cents to $3.833.
- Rocky Mountain: The Rocky Mountain area saw the smallest drop of 2 cents to $3.480.
According to AAA Motor Club, the current national diesel price average is $3.586. This is 1 cent lower than EIA’s current estimate and 45 cents lower than this time last year.
See also: U.S. diesel and gas prices soar: What this means for drivers
What are the current gasoline prices across the U.S.?
The current national average on-highway gasoline price is $3.168, according to EIA, 8 cents lower than last week’s average.
Here are this week’s gasoline price highlights from each region of the U.S.:
- Midwest: Gas prices saw the biggest drop in the Midwest by 10 cents to $3.008.
- Gulf Coast: Off the Gulf Coast, gas prices fell 9 cents to $2.747.
- Rocky Mountain: In the Rockies, gas prices fell 7 cents to $3.098.
- East Coast: Off the East Coast, gas prices fell 6 cents to $3.016.
- West Coast: Gas prices saw the smallest drop off the West Coast of 5 cents to $4.267. Without California, gas prices fell 4 cents to $3.830.
According to AAA, the current national gasoline price average is $3.173. This is 0.5 cents higher than EIA’s current estimate and 46 cents lower than this time last year.
In a recent press release, AAA credited this drop in diesel and gas prices to OPEC+ increasing oil production next month by more than 400,000 barrels a day, which has caused the price of crude oil to fall. According to AAA, oversupply coupled with tepid gasoline demand is resulting in lower pump prices.
