Diesel prices nearly 27 cents higher than last year

By Kimberely Lennard, Land Line staff writer | Monday, August 27, 2012

At $4.089 per gallon, the average price of diesel is up 6.3 cents over last week and 26.9 cents higher than a year ago, according to the Aug. 27 report on fuel prices from the U.S. Energy Information Administration.

California prices averaged $4.409, an increase of 9.6 cents over last Monday. The West Coast region as a whole registered an increase of 9.9 cents. The Midwest saw the smallest increase at 3.5 cents over last week, although Gulf Coast area diesel prices were lowest overall at $3.981 per gallon.

The averages for the week as reported by the EIA are:

U.S. – $4.089, up 6.3 cents
East Coast – $4.072, up 6.6 cents
New England – $4.132, up 4.5 cents
Central Atlantic – $4.129, up 6 cents
Lower Atlantic – $4.019, up 7.5 cents
Midwest – $4.050, up 3.5 cents
Gulf Coast – $3.981, up 7 cents
Rocky Mountain – $4.149, 8.7 cents
West Coast – $4.353, up 9.9 cents
West Coast less California – $4.288, up 10.4 cents
California – $4.409, up 9.6 cents

ProMiles, which surveys prices daily at 9,400 truck stops, reported the average price of diesel on Monday at $4.11, an increase of half a cent over Sunday and a rise of 7 cents over last Monday. Connecticut came out on top at $4.454, while the lowest-priced diesel was in South Carolina at $3.867 per gallon. 

In separate energy news, oil prices were at $95.44 during midday trading Monday in New York, down 74 cents over the weekend.


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