In most of the U.S. Monday, on-highway diesel prices slipped — but only slightly — with the national average only going down 4 tenths of a penny to $2.922. That’s compared with $2.926 the week prior, according to the Energy Information Administration (EIA).
Only in EIA’s New England and Gulf Coast reporting sectors did diesel go up, by not by much. In New England it went up 1.6 cents a gallon to $2.897 from $2.881 the week ended November 27 and went up 1 tenth of a penny to $2.713 in the Gulf Coast sector compared with $2.712 the week before.
In the Lower Atlantic reporting region, it stayed the same as last week, $2.794.
Still, diesel keeps creeping up toward the $3-a-gallon mark in most regions and in California is well on the way to $4-a-gallon at $3.585. However, that’s 1.2 cents down from last week’s $3.597.
The Central Atlantic area also saw prices drop 1.2 cents to $3.062 compared with $3.074 last week.
At present, five of the 10 EIA regions show diesel still below $3 a gallon and the other five are above.
Coincidentally, the New York Stock Exchange was nearly evenly split between stocks that rose and fell Monday.
Benchmark U.S. crude slumped 89 cents to settle at $57.47 per barrel while Brent crude, the international standard, fell $1.28 to $62.45 a barrel in London, The Associated Press reported.
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