Diesel spikes another 4.3 cents to $2.904

| 3/8/2010

Diesel fuel prices are on the rise for the third straight week. The national average price for diesel is up another 4.3 cents per gallon from a week ago to average $2.904 per gallon on Monday, March 8.

According to the U.S. Energy Information Administration’s latest report, diesel prices are about 85.9 cents per gallon higher than a year ago when diesel was selling for around $2.045 per gallon.

Eight of the nine regions of the country are reporting increases at the pump this past week. Four regions are reporting fuel prices above the $3 mark compared to a week ago. The New England region is the only one reporting a slight decrease of three-tenths of a cent to average $3.015 per gallon from a week ago.

The California region is reporting the highest diesel prices at $3.057 per gallon, an increase of 3.4 cents per gallon from a week ago, while the Midwest region is reporting the lowest prices for fuel at $2.870 per gallon.

Below are the regional price averages 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: $2.936
  • New England: $3.015
  • Central Atlantic: $3.037
  • Lower Atlantic: $2.882
  • Midwest: $2.870
  • Gulf Coast: $2.873
  • Rocky Mountain: $2.890
  • West Coast: $3.003
  • California: $3.057