Diesel Price Rises For Third Straight Week to $1.502 a Gallon

The average U.S. retail price of diesel fuel rose 1.9 cents per gallon to $1.502, the Department of Energy reported Monday.

The rise was the third consecutive jump for commercial trucking’s dominant fuel, and was 3.3 cents higher than the same week last year, according to the DOE's Energy Information Administration.

Trucking's major fuel topped the $1.50 level for the first time since it rose in late-summer spikes Aug. 25 and Sept. 1.

Diesel skyrocketed from $1.50 in January to its all-time $1.771 high on March 17 before falling back below $1.50 in early May.

EIA reported that diesel rose in all regions, the highest being the Rocky Mountain region, at 3.2 cents, and the lowest the West Coast and California, at .08 and .07 cents, respectively.

Gasoline prices were up 0.3 cents a gallon to $1.571, an 11.3 cents a gallon rise from this time last year.

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