Diesel Decline Stops; Price Rises 1.6 Cents to $2.471

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he average price of retail diesel ended two weeks of declines, rising 1.6 cents to $2.471 a gallon, the Department of Energy said Monday.

The average price of gasoline also rose, gaining 1.4 cents to $2.254 a gallon, following a 4.4 cent-decline last week.

That was despite the latest Lundberg Survey report released Sunday showing that gasoline prices had fallen 6 cents over the past two weeks. (Click here for related coverage.)

Diesel’s average price is 35.3 cents higher than this time last year. At an estimated burn rate of 665 million gallons a week, that would cost the trucking industry $234 million more this week than the same week last year.

asoline’s price is 33.5 cents higher than this time last year; at an estimated burn rate of 290 million gallons that would cost the trucking industry about $94 million over last year.

iesel prices rose in all five major regions, led by a 2.9-cent rise on the West Coast to $2.623 a gallon, the highest regional average.

California, which DOE breaks out separately from its regions, saw its price gain 1.4 cents to $2.688, the highest overall price.

The Midwest region had the lowest price, rising 1.9 cents to $2.417.

Each week, DOE surveys 350 diesel filling stations to compile a national snapshot average price.

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