National average price of diesel increases 3.4 cents

| 11/26/2007

A slight drop in the national average price of diesel was short-lived as the price for a gallon of on-highway diesel increased 3.4 cents to $3.444 per gallon for the week ending Monday, Nov. 26, 2007.

The U.S. Energy Information Administration reported that the average price for the week was 87.7 cents higher than one year ago.

Ultra-low sulfur diesel averaged $3.456 for the week, up 3 cents, while remaining low-sulfur diesel supplies averaged $3.382 per gallon, up 4.9 cents from $3.333.

The New England region was hit with a 10.2-cent increase for the week with ULSD prices increasing from $3.488 to $3.590 per gallon.

California maintained the highest average price in the nation at $3.620 per gallon for ULSD, despite a slight decrease of four-tenths of a cent.

Average prices in the West Coast region didn’t change much for the week, as ULSD was down one-tenth of a cent to $3.591 per gallon.

ULSD in the Gulf Coast region averaged $3.362 per gallon following an increase of 3.5 cents, while the Rocky Mountain region averaged $3.530 per gallon after an increase of 1.9 cents.

In the Midwest region, ULSD averaged $3.444 for the week, up 2.8 cents per gallon.

The Lower Atlantic region averaged $3.395 per gallon, up 3.3 cents from $3.362 the previous week, while the Central Atlantic region averaged $3.590 per gallon following an increase of 4.9 cents.

The East Coast region averaged $3.467, up 4.4 cents per gallon from $3.423.