Diesel sees slight uptick in average national price per gallon

By Land Line staff | 12/23/2013

The average price of a gallon of on-highway diesel rose this week by a fraction of a penny to $3.873 per gallon, according to the U.S. Energy Information Administration.

The EIA reports that the national average price for fuel remains 5 cents below the national average from one year ago. The price this week is roughly two-tenths of a cent higher than it was for the week beginning Dec. 16. The largest increase was in the Central Atlantic region, where prices increased an average of just over a penny to $3.988.

Diesel prices were on the rise in seven of the 10 regions in the U.S., according to the EIA.

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

  • U.S. – $3.873, up two-tenths of a cent
  • East Coast – $3.919, up four-tenths of a cent
  • New England – $4.069, up five-tenths of a cent
  • Central Atlantic – $3.988, up 1.1 cents
  • Lower Atlantic – $3.839, down one-tenth of a cent
  • Midwest – $3.847, down a half-cent
  • Gulf Coast – $3.772, up six-tenths of a cent
  • Rocky Mountain – $3.853, up one-tenth of a cent
  • West Coast – $3.985, up three-tenths of a cent
  • West Coast less California – $3.883, down one-tenth of a cent
  • California – $4.073, up seven-tenths of a cent.

ProMiles, the software company that maintains the websites ProMiles.com and TruckMiles.com, continues to offer its own weekly fuel price information. The company’s fuel price data are presented in the same format used by the EIA in the agency’s weekly reports. The prices include a national average as well as regional averages, and comparisons to the previous week and the previous year.

A key difference between the EIA and ProMiles reporting is the type and number of fueling stations the company surveys in order to calculate its averages. While EIA surveys 400 truck stops and convenience stores nationwide, ProMiles uses its direct feed from thousands of truck stops to develop its averages.

According to ProMiles, the average retail price at truck stops went down a fraction to $3.815 on Monday morning, a decrease of about one-tenth of a cent compared to last week.

TruckMiles.com listed the daily average price for Monday at $3.873, with truckers in Connecticut paying an average of $4.319 per gallon, the highest in the nation. Truckers in Oregon are paying only $3.566 per gallon, according to the site.

In separate energy news, according to the New York Mercantile Exchange, light sweet crude was trading at $98.82 on Monday afternoon. The price of Brent crude oil was listed at $111.59, according to Bloomberg.

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