Diesel Price Surges Another 3.7 Cents

The national average price of diesel fuel rose 3.7 cents a gallon last week to $1.37, the U.S. Department of Energy reported Monday.

Over the last two weeks, the price of trucking’s main fuel has risen 6.7 cents, the largest two-week rise since Aug. 20 - Sept. 3, 2001, when the price rose 9.4 cents.

Gasoline, another major fuel for the trucking industry, had its average price rise 1.1 cents a gallon to $1.403.

The increase pushed the price to its highest point since Oct. 8, 2001, when it was $1.371.

The price rose at least 2.1 cents in each of the geographic regions that the DOE’s Energy Information Administration surveys. The largest gains were made in the Mid-west and along the Gulf Coast, where price rose 4.5 and 4.1 cents, respectively.

Only the New England section of the East Coast region did not see a significant price spike, rising only 0.2 cent.

Each week the EIA surveys 350 filling stations to come up with a composite price for diesel fuel across the country.

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