Diesel average at $4.10 a gallon

| Monday, April 18, 2011

With gasoline prices inching closer to a $4 national average, the price for on-highway diesel fuel is averaging $4.10 nationwide.

The U.S. Energy Information Administration reported the average at $4.105 per gallon for the week ending Monday, April 18, 2011. The previous diesel average was $4.078, a difference of 2.7 cents for the week.

The average price in the New England region shot up 5.8 cents per gallon to $4.212. California surged to $4.44 for an average, up 4.3 cents for the week and $1.21 above last year’s average in the state.

Here are the weekly regional averages for diesel as reported by the EIA:

U.S. – $4.105, up 2.7 cents
East Coast – $4.111, up 2.9 cents
New England – $4.212, up 5.8 cents
Central Atlantic – $4.229, up 2.5 cents
Lower Atlantic – $4.051, up 2.7 cents
Midwest – $4.068, up 2.8 cents
Gulf Coast – $4.033, up 3.2 cents
Rocky Mountain – $4.126, up 2.9 cents
West Coast – $4.319, up 1.1 cents
California – $4.444, up 4.3 cents

According to ProMiles, just eight states remain below $4 for diesel including taxes. Even before tax, there are four states above $4 for diesel fuel – California, Idaho, Rhode Island and Washington state.

Oil futures that shot up to $110 a barrel this past week were coming back down during midday trading Monday on the New York Mercantile Exchange. The midday price was at $107.24, down $2.42 from the previous day’s trading.

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