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Diesel plummets 28.1 cents to $2.876

Nov 1, 2005 4:33 PM

The national average price for a gallon of diesel took a 28.1-cent dive to $2.876 for the week ending Oct. 30, the Energy Information Administration said. Despite the much-needed relief at the pumps, prices were 30% higher compared with the same period last year.

Prices took the biggest fall in the Lower Atlantic region on a 36.2-cent dive to $2.753. All regions posted a decrease, but New England prices were relatively rock-solid, falling only 3.9 cents to $2.834. Because of stagnant prices in New England, it was no longer the cheapest region to buy diesel, a claim it held the week ending Oct. 23. In fact, the Lower Atlantic region stole the crown. The Rocky Mountain region was the most expensive in which to fill up at $3.079, despite a 15.3-cent drop.


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