The average U.S. retail price
of diesel fuel increased to $1.551 from the previous average of $1.503, the
Department of Energy reported.
Among the reasons for the surge are rising crude oil prices, a
weaker U.S. dollar and colder weather that drove up demand for home heating
oil, analysts said.
The highest average prices
are in New England, where the price is $1.713; and in California, at $1.680 a
gallon. The lowest prices are on the Gulf Coast, at $1.519, and in the Midwest,
average prices: the Central Atlantic region, where the price is $1.681; the
West Coast, where the price is $1.641; the Rocky Mountain region, where the
price is $1.535; the Lower Atlantic region, where the average price is
$1.530; and $1.583 on the East Coast.