Diesel prices continue upward climb

| Friday, February 28, 2003

According to figures released by the Department of Energy’s Energy Information Administration (EIA) Feb. 24, the national average cost of diesel fuel per gallon this week rose to $1.709 from last week’s average price of $1.704.

Reportedly, $1.709 is the highest cost of diesel per gallon ever recorded by the EIA. The previous high was $1.67, recorded in October 2000.

The highest rates are in the Central Atlantic states, where the price is $1.86; in New England, where the price is $1.888; and in California, where the price is $1.782.

The remaining regions' prices per gallon are as follows: $1.745 on the West Coast; $1.754 on the East Coast; $1.689 in the Midwest; $1.697 in the Lower Atlantic states; $1.673 on the Gulf Coast; and $1.668 in the Rocky Mountain Region.

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