The average cost of a gallon of diesel fuel is on the rise for the second consecutive week to $3.913, according to figures from the U.S. Energy Information Administration.
Prices at the pump are up 1.3 cents nationally compared with one week ago. The price is still 17.6 cents below the national average a year ago.
The EIA reported price increases in all 10 regions of the country, with the highest average prices in the California region at $4.156. California prices rose an average of 2.2 cents per gallon, the largest increase in the country over the last week.
Following are the weekly average prices for on-highway diesel as reported by the EIA:
- U.S. – $3.913, up 1.3 cents
- East Coast – $3.925, up 1.3 cents
- New England – $4.044, up eight-tenths of a cent
- Central Atlantic – $3.98, up 1.3 cents
- Lower Atlantic – $3.862 up 1.4 cents
- Midwest – $3.884, up 1.6 cents
- Gulf Coast – $3.829, up seven-tenths of a cent
- Rocky Mountain – $3.927, up seven-tenths of a cent
- West Coast – $4.072, up 1.5 cents
- California – $4.156, up 2.2 cents
- West Coast less California – $3.973, up eight-tenths of a cent
ProMiles, which surveys 9,400 fuel stops, reported the daily national average at $3.913 cents on Monday, Aug. 26.
Truckers in a handful of states are paying an average of more than $4 per gallon for fuel. Truckers fueling up in Connecticut are paying an average price of $4.347 per gallon, according to ProMiles, the highest average price in the lower 48 states. Oregon truck drivers are paying the lowest prices at $3.697 per gallon.
In other energy news, the price of light sweet crude oil remains above $100 per barrel, closing at $106.08 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 $110.77, according to Bloomberg.
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