Diesel prices continue to climb

| Monday, May 01, 2006

The national average price for diesel climbed for the fourth week in a row during the week ending May 1, according to the Energy Information Administration.

While the cost of diesel had made great leaps in previous weeks, the only change this week was the rate of its ascent. The average climbed 2 cents (compared with an 11-cent jump the previous week) to $2.896 per gallon.

The highest prices, as usual, were found in California, where the average topped out at $3.163 per gallon, up 6 cents from the previous week. The rest of the West Coast checked in at $3.098 per gallon, up 7.2 cents from the week before.

The Rocky Mountain region, meanwhile, saw the biggest increase, jumping 10.9 cents to $3.012 per gallon.

Though the rest of the regions were below the $3 mark, the Central Atlantic came closest at $2.987 per gallon, up less than a penny from the previous week. The Lower Atlantic had no change, coming in again at $2.843 per gallon, while New England posted a slight increase to $2.979 per gallon.

The East Coast as a whole saw a 4-cent increase to $2.892 per gallon.

The Midwest rose less than a penny to $2.853 per gallon, while the Gulf Coast climbed to $2.832 per gallon.

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