No relief in sight as diesel averages $4.143 per gallon nationwide

| Monday, April 21, 2008

Across the country, truckers are now paying more than $4 a gallon for diesel, and while they have no choice but to pay, many are wondering how much longer they can hang in there.

There was no relief for truckers as the cost of diesel jumped more than 8.4 cents this past week, putting the national average at $4.143 per gallon, the U.S. Energy Information Administration is reporting on Monday, April 21. That is an increase of $1.292 per gallon compared with the same time period in 2007.

All nine regions of the country reported increases of at least 7.1 cents again this week, with per-gallon diesel averages above the $4 mark for the second week in a row.

The New England region reported the highest increase – up 10.7 cents – to put the cost at $4.346 per gallon for diesel. The Central Atlantic region reported an increase of 10.3 cents per gallon to average $4.375 for diesel, which is the highest price reported for a gallon of diesel in all of the regions.

The East Coast region saw an increase of 9.2 cents a gallon to put the price at $4.229 for fuel, while the Midwest region reported an increase of 8.5 cents to average $4.110. The Lower Atlantic region increased 8.4 cents to put the average at $4.136, while the California region reported an increase of 8.3 cents to put the average at $4.317.

The price went up 7.9 cents in the West Coast region to put the price at $4.265 for fuel, while the average price for a gallon of diesel increased 7.8 cents to put the cost at $4.080 in the Gulf Coast region. This is the lowest price reported in all of the regions this past week.

The lowest increase of 7.1 cents was reported in the Rocky Mountain region, which put the cost at $4.114 a gallon for diesel.

Click here for more information on how to calculate and implement a fuel surcharge on OOIDA’s Web site, under the header “Trucking Tools.”

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