Retail diesel prices continue to slide and catch up to earlier declines in futures and wholesale rates, as any impact from the European Union ban on imports of Russian products has yet to emerge.
The Department of Energy/Energy Information Administration average retail price declined 9.5 cents per gallon to $4.444 in the price posted by the EIA on Monday. Since Oct. 24, when the benchmark used for most fuel surcharges hit $5.341 a gallon, the most recent high-water mark, the DOE/EIA price is down just under 90 cents.
