Diesel up another 3.6 cents

By Land Line staff | 7/22/2013

Diesel fuel prices rose for the third time in as many weeks to a national average of $3.903, according to figures from the U.S. Energy Information Administration.

Prices at the pump are up 3.6 cents higher than last week, and remain 12 cents higher than they were at this time last year.

The EIA reported increases in all 10 regions of the country, with the largest spike coming in the Lower Atlantic region at 5.3 cents. Diesel prices in the Midwest region rose by 2.3 cents, the smallest average increase nationally.

Following are the weekly average prices for on-highway diesel as reported by the EIA:

  • U.S. – $3.903, up 3.6 cents
  • East Coast – $919, up 4.3 cents
  • New England – $4.047, up 4.2 cents
  • Central Atlantic – $3.971, up 3.2 cents
  • Lower Atlantic – $3.857, up 5.3 cents
  • Midwest – $3.875, up 2.3 cents
  • Gulf Coast – $3.841 up 4.3 cents
  • Rocky Mountain – $3.866, up 3.7 cents
  • West Coast – $4.041, up 4.4 cents
  • California – $4.113, up 4.8 cents
  • West Coast less California – $3.956, up 3.9 cents

ProMiles, which surveys 9,400 fuel stops, reported the daily national average at $3.897 cents on Monday, July 22.

Truckers in Connecticut are paying an average price of $4.335 per gallon, according to ProMiles, the highest average price in the Lower 48 states. Oregon truck drivers are paying the lowest prices at $3.704 per gallon.

In other energy news, the price of light sweet crude oil remains above $100 per barrel, closing at $106.91 following midday trading Monday according to the New York Mercantile Exchange. Light sweet crude is the type most commonly associated with diesel production.

In Europe, the price of Brent crude was listed at $108.14, according to Bloomberg.

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