Diesel prices jump 10 cents in California

| Tuesday, September 06, 2011

The average price for diesel jumped 10 cents this past week in California. That took the state average above $4 for the first time in a month. Other regions weren’t far behind as the national average increased 4.8 cents for the week ending Monday, Sept. 5.

The U.S. Energy Information Administration recorded a 7.3-cent increase for the West Coast region and a 5.1-cent increase in the Rocky Mountain region, which helped inflate the national average according to the agency’s posting on Tuesday following the Labor Day holiday.

Here are the average prices and changes for the week as reported by the EIA:

  • U.S. – $3.868, up 4.8 cents
  • East Coast – $3.886, up 4.3 cents
  • New England – $3.994, up 1.7 cents
  • Central Atlantic – $3.987, up 5.7 cents
  • Lower Atlantic – $3.833, up 4 cents
  • Midwest – $3.852, up 4.9 cents
  • Gulf Coast – $3.800, up 3.7 cents
  • Rocky Mountain – $3.890, up 5.1 cents
  • West Coast – $$3.981, up 7.3 cents
  • California – $4.058, up 10 cents

Tracking site ProMiles listed the national diesel average at $3.899 per gallon on Tuesday, down one-tenth of a cent overnight.

By state, Washington had the highest average at $4.307 per gallon on Tuesday, followed by Rhode Island at $4.209.

The lowest average, including taxes, belonged to Virginia at $3.731 followed by Tennessee at $3.740.

In oil news, prices were on the decline during midday trading Tuesday on the New York Mercantile Exchange. October futures for light sweet crude were trading at $86.03 a barrel, down 42 cents from the opening bell.

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