Diesel Rises 3.7 Cents to $2.313; Price is Close to Record

Gasoline Average Jumps 3.1 Cents to $2.161
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he price of retail diesel fuel rose 3.7 cents to $2.313 a gallon, just 0.3 cents below the record high reached April 11, the Department of Energy said Monday.

Coupled with the past two weeks’ increases of 4.2 cents and 7.4 cents, the average price of trucking’s primary fuel's has risen 15.3 cents over the past three weeks.

Meanwhile the price of self-serve regular gasoline rose 3.1 cents to $2.161 a gallon, DOE said. It marked the 43rd consecutive week in which diesel prices have topped gasoline, a record.



And more increases may be in store for retail fuels, as crude oil prices hit a second straight record Monday, Bloomberg reported. (Click here for related coverage.)

Retail fuel prices often follow crude oil’s track, such as when oil hit a previous record April 4 and diesel and gasoline prices followed with record highs a week later.

DOE reported in its weekly survey that retail diesel prices jumped in all five national regions, led by a 4.6-cent gain in the Midwest, to $2.294, and a 4-cent rise on the East Coast, to $2.348.

The Rocky Mountain region’s increase was the smallest, at 2.6 cents, rising to $2.236.

The West Coast continued to have the nation’s highest regional average, rising 2.7 cents to $2.391. The price in California, which DOE breaks out separately from its major regions, rose 1.9 cents to $2.476.

ach week, DOE surveys 350 diesel-filling stations to compile a national snapshot price.