Diesel Prices Post Another Big Decline
August 11, 2008
The retail price of diesel fuel continues to fall, as the Energy Information Administration's weekly average posted its fourth big weekly decline in a row.
The EIA's weekly average for Aug. 11 was $4.353, down almost 15 cents from last week. That number is 41 cents down from the high of $4.764 hit less than a month ago on July 14. It's the lowest the average has been since mid-May.
Fuel is still $1.506 higher than it was a year ago.
The highest average prices were found in the New England region at $4.584; the lowest in the Midwest at $4.267.