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January 3, 2007 10:00 AM, EST
Diesel Price Declines 1.6 Cents to $2.58 a Gallon
Gasoline Dips 0.7 Cent to $2.334
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The national average retail price of diesel fuel fell 1.6 cents to $2.58 a gallon, the Department of Energy said Tuesday.The decline followed last week's 1-cent dip and left the price 13.8 cents higher than the same week last year, DOE reported.Gasoline, meanwhile, saw a modest decline of 0.7 cent to $2.334 a gallon, DOE said following its weekly survey of filling stations, released Tuesday this week because of the New Year’s Day holiday Monday.Gas is 9.6 cents higher than at the start of last year.Diesel’s decline was the second following five weeks of increases.The East Coast saw the biggest dip, falling 2.2 cents to $2.565, while the West Coast remained the highest regional price, at $2.853, down just 0.3 cent.Each week, DOE surveys 350 diesel filling stations to compile a national snapshot average price.