The U.S. Energy Information Administration reports the national average price of diesel at $4.094 for the week ending Oct. 8, 1.5 cents above the previous week. The price is 37.3 cents above the same week last year.
California saw the largest jump at 3.8 cents, while the Rocky Mountain region fell 1.1 cents over one week ago. Gulf Coast prices remained unchanged.
The price of diesel as reported by EIA for each region is as follows:
- U.S. – $4.094, up 1.5 cents
- East Coast – $4.097, up 1.6 cents
- New England – $4.217, up 2.2 cents
- Central Atlantic – $4.185, up 1.7 cents
- Lower Atlantic – $4.009, up 1.4 cents
- Midwest – $4.04, up 2.7 cents
- Gulf Coast – $3.999, no change
- Rocky Mountain – $4.194, down 1.1 cents
- West Coast – $4.319, up 1.8 cents
- West Coast less California – $4.207, down one-half cent
- California – $4.414, up 3.8 cents
ProMiles, which surveys diesel prices daily at 9,400 truck stops, reported diesel prices at $4.126, up 1.16 cents over Monday and 5.9 cents higher than the previous Monday. Five states saw a slight decrease, with New Hampshire dropping the most at 1.4 cents. Minnesota prices increased the most overnight at 6 cents. Rhode Island prices are the highest at $4.479 and the lowest price diesel is in Virginia at $3.881.
In separate energy news, midday trading in New York showed light sweet crude oil prices at $92.29, which is an increase of $2.96 over Monday and 8 cents below this past Monday. Light sweet crude is the type most commonly associated with diesel production.
Copyright © OOIDA