Diesel spikes 10.5 cents to $2.705

| 10/19/2009

Diesel prices have spiked 10.5 cents from a week ago to average $2.705 per gallon, the U.S. Energy Information Administration is reporting.

According to the EIA’s report, fuel prices have shot up 12.3 cents the past two weeks, including a 1.8-cent-per-gallon increase a week ago that followed a five-week drop.

Fuel prices are now down only 77.7 cents per gallon from a year ago when diesel was averaging $3.482 per gallon this same week.

All nine regions are reporting increases at the pumps. The California region is reporting an 8.3-cent-per-gallon increase to average $2.874 per gallon. The EIA is reporting that the lowest average price for fuel is still in the Gulf Coast region despite an increase of 11.4 cents from a week ago.

Below are the regional prices for ULSD reported by the Department of Energy. To see a map of the states in each of the listed regions, click here.

  • East Coast: $2.718
  • New England: $2.752
  • Central Atlantic: $2.829
  • Lower Atlantic: $2.665
  • Midwest: $2.697
  • Gulf Coast: $2.646
  • Rocky Mountain: $2.703
  • West Coast: $2.825
  • California: $2.874