Diesel average spikes 8.7 cents to $3.943

By Land Line staff | Monday, February 13, 2012

The national average price of diesel has spiked 8.7 cents per gallon from a week ago, averaging $3.943, according to the U.S. Energy Information Administration’s report on Monday, Feb. 13.

A year ago this same week, the national average price for diesel was $3.534, about 40.9 cents cheaper than it is now. In the past three weeks, diesel prices have increased by 9.3 cents per gallon.

Diesel is selling for above $4 in five of the nine main regions of the country, up from four regions above the $4 mark the previous week.

The California region is reporting the highest average price for diesel at $4.209, and the Rocky Mountain region is reporting the lowest fuel prices at $3.841, according to the EIA report.

Following are the diesel price averages by region as posted by the EIA:

U.S. – $3.943, up 8.7 cents
East Coast – $4.028, up 8 cents
New England – $4.150, up 4.9 cents
Central Atlantic – $4.128, up 8.2 cents
Lower Atlantic – $3.930, down 8.4 cents
Midwest – $3.857, up 10.6 cents
Gulf Coast – $3.860, up 8.5 cents
Rocky Mountain – $3.841, up 2.4 cent
West Coast – $4.121, up 8.5 cents
California – $4.209, up 8.1 cent

In a separate action, on Monday, crude oil prices were trading at $100.30 per barrel on the New York Mercantile Exchange, up $3.13 cents per barrel from $97.17 a week ago.

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