Diesel price approaches Pre-Katrina levels

The national average price for a gallon of diesel took a 17.8-cent dive to $2.698 for the week ending Nov. 7, putting prices at “only” 53.5 cents more than the same period last year, according to the Energy Information Administration (EIA). All regions posted a significant price break, but the biggest plunge occurred in the Midwest, where a gallon of diesel shed 23.6 cents, bringing it down to $2.671. New England prices held the steadiest, falling 9 cents to $2.744. The Lower Atlantic region posted the lowest prices, after a 14.5-cent drop to $2.608. At ...

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From the Print Issue

November 2009

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