National average price of diesel jumps to $3.28

| 2/4/2008

The national average price of on-highway diesel increased 2.1 cents to $3.280 per gallon for the week ending Monday, Feb. 4.

The U.S. Energy Information Administration reported that the price for diesel was 84.5 cents more than it was one year ago.

Nationally, the average for ultra-low sulfur diesel was up 1.9 cents from $3.272 to $3.291, while the average price for low-sulfur diesel was up 3.6 cents to $3.207 per gallon.

The EIA reported the largest regional change for the week was in California, which showed an increase of 3.1 cents from $3.346 to $3.377 in ULSD. The second-largest regional change was an increase of 2.8 cents in the Gulf Coast region, where the average price for ULSD went from $3.221 to $3.249.

The New England region continued to have the highest average price at $3.566, which is actually down 1.7 cents from this past week’s average price for ULSD.

The East Coast region had an average price of $3.358 for ULSD, up five-tenths of a cent from $3.353 per gallon.

The Lower Atlantic region averaged $3.284 for ULSD, down eight-tenths of a cent, while the Midwest region averaged $3.258, an increase of 2.2 cents.

The ULSD average price increased 2.3 cents in the Rocky Mountain region from $3.241 to $3.264 per gallon.

On Monday, the crude oil price was at $89.03 per barrel.