Diesel prices inch toward $2 mark

| 3/4/2003

According to figures released by the Department of Energy’s Energy Information Administration (EIA) March 3, the national average cost of diesel fuel per gallon this week rose to $1.753 from last week’s average price of $1.709.

Reportedly, $1.753 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 $1.921; in New England, where the price is $1.954; and in California, where the price is $1.832.

The remaining regions' prices per gallon are as follows: $1.805 on the West Coast; $1.795 on the East Coast; $1.735 in the Midwest; $1.726 in the Lower Atlantic states; $1.70 on the Gulf Coast; and $1.736 in the Rocky Mountain Region.