Diesel prices up another four cents to $3.883 nationally

By Land Line staff | 12/2/2013

Diesel prices rose for the second straight week to a national average of $3.883 per gallon, according to the U.S. Energy Information Administration.

The EIA reports that the national average price for fuel has risen by 3.9 cents per gallon compared to last week. The average price remains 14.4 cents below the national average from one year ago.

Diesel prices rose in all 10 regions in the U.S., according to the EIA. Prices saw the most significant increases in the West Coast less California and Midwest regions, rising 5.7 and 5 cents on average, respectively. Prices in the Midwest region are up 8.5 cents on average over the last two weeks.

Following are the average prices by region as reported by the EIA:

  • U.S. – $3.883, up 3.9 cents
  • East Coast – $3.906, up 3.6 cents
  • New England – $4.04, up 3.7 cents
  • Central Atlantic – $3.949, up 3 cents
  • Lower Atlantic – $3.848, up 4 cents
  • Midwest – $3.859, up 5 cents
  • Gulf Coast – $3.78, up 2.7 cents
  • Rocky Mountain – $3.858, up 2.1 cents
  • West Coast – $3.998, up 4.4 cents
  • West Coast less California – $3.929, up 5.7 cents
  • California – $4.056, up 3.3 cents

ProMiles, which tracks prices daily, showed the average price for a gallon of on-highway diesel at $3.882 on Monday, Dec. 2. The price is roughly four cents above the average price listed by the website on Nov. 25.

Truckers in Connecticut are paying an average price of $4.312 per gallon, the highest in the nation, while truckers in Missouri are paying $3.689 on average.

In separate energy news, according to the New York Mercantile Exchange, light sweet crude was trading at $93.89 on Monday. The price of Brent crude oil was listed at $111.39, according to Bloomberg.

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