Diesel prices continue to climb

| Tuesday, April 20, 2010

Diesel prices have been on a steady climb since February. The national average price for the week ending Monday, April 19, 2010, was $3.074 per gallon, an increase of half a cent.

That’s a full 29 cents difference from the February average of $2.784 per gallon including applicable taxes, according to U.S. Energy Information Administration data.

California diesel continued to soar at $3.228. The Lower Atlantic region had the lowest tax-included average of $3.034.

The EIA tracks nine regions and posts average prices weekly. They were as follows:

East Coast: $3.081
New England: $3.103
Central Atlantic: $3.189
Lower Atlantic: $3.033
Midwest: $3.044
Gulf Coast: $3.034
Rocky Mountain: $3.109
West Coast: $3.203
California: $3.228

According to daily tracker ProMiles, the diesel average on Tuesday, April 20, was $3.083 per gallon.

In related energy news, oil prices per barrel continue to hover above $80, down from last week. During midday trading Tuesday on the New York Mercantile Exchange, a barrel of light sweet crude oil for May futures was trading at $83.44, an increase from the opening bell price of $81.69.

– By David Tanner, associate editor
david_tanner@landlinemag.com