Diesel Average Climbs 2 Cents to $2.918 a Gallon
he average national price of retail diesel fuel climbed 2 cents to $2.918 a gallon, the Department of Energy reported Monday.
Meanwhile, gasoline rose 3.9 cents from last week to $2.973 a gallon, DOE said.
The diesel increase followed last week’s 3.1-cent hike and a week in which crude oil futures closed at a record $75.19 on the New York Mercantile Exchange, last Wednesday. (Click here for previous coverage.)
Diesel is now 51 cents higher than a year ago and has risen 47.6 cents this year alone, since Jan. 2, according to DOE figures.
That equates to $102 more than a year ago to fill a big rig’s 200-gallon diesel tanks.
Regional diesel averages rose in all five national regions, though fell in California, which DOE breaks out separately. Trucking’s main fuel in that state dipped 0.6 cent to $3.113, still the highest overall price.
Diesel rose the most in the Midwest, gaining 3.2 cents to $2.919, while it rose just 0.4 cent in the West Coast region, to $3.060.
The Gulf Coast rose 2.1 cents to $2.866, the East Coast gained 1.3 cents to $2.887 and the Rocky Mountains climbed 0.8 cent to $2.966.
Each week, DOE surveys 350 diesel filling stations to compile a national snapshot average price.
