Diesel prices on the rise yet again

| Tuesday, June 21, 2005

The national average price for diesel fuel climbed another 3.7 cents to $2.313 per gallon in the week ending June 20, according to the Energy Information Administration.

That’s up a whopping 61 cents from prices the same week in 2004.

The Central Atlantic region saw the biggest spike, with prices there rising 4.3 cents to $2.451 per gallon. New England wasn’t far behind at $2.442 per gallon, while the Lower Atlantic region saw prices rise to $2.296 per gallon. Overall, the East Coast average climbed 4 cents to $2.348 per gallon.

California posted the highest prices, with an average of $2.476 per gallon. The rest of the West Coast came in at $2.391 per gallon.

The Rocky Mountain region posted the lowest prices, though even there the average rose 2.7 cents to $2.236 per gallon.

Prices in the Midwest rose to $2.294 per gallon, while the Gulf Coast came in at $2.274 per gallon.

Experts say the price of fuel is expected to continue on the heels of record-setting crude oil prices. Prices for light, sweet crude oil broke the $60-per-barrel mark in trading on the New York Mercantile Exchange this week.

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