The average price of a gallon of on-highway diesel rose another half-cent to $4.021 per gallon, according to the U.S. Energy Information Administration.
The EIA reports that the national average price for fuel is at its highest point in 24 weeks. The average price on Monday, March 10, was approximately 6.7 cents below the national average from one year ago.
Diesel prices rose in six of the 10 regions in the U.S., according to the EIA. The largest average increase came in the Gulf Coast Region, where prices at the pump increased by 2.1 cents per gallon. Prices fell in the New England Region by 2.7 cents.
Following are the average prices by region as reported by the EIA:
- U.S. – $4.021, up five-tenths of a cent
- East Coast – $4.158, up three-tenths of a cent
- New England – $4.362, down 2.7 cents
- Central Atlantic – $4.353, down one-tenth of a cent
- Lower Atlantic – $3.974, up 1.2 cents
- Midwest – $4.013, down six-tenths of a cent
- Gulf Coast – $3.814, up 2.1 cents
- Rocky Mountain – $4.00, up 1.7 cents
- West Coast – $4.42, up four-tenths of a cent
- West Coast less California – $3.96, up 1.7 cents
- California – $4.112, down seven-tenths of a cent
ProMiles, the software company that maintains the websites ProMiles.com and TruckMiles.com, continues to offer its own weekly fuel price information. The company’s fuel price data are presented in the same format used by the EIA in the agency’s weekly reports. The prices include a national average as well as regional averages, and comparisons to the previous week and the previous year.
A key difference between the EIA and ProMiles reporting is the type and number of fueling stations the company surveys in order to calculate its averages. While EIA surveys 400 truck stops and convenience stores nationwide, ProMiles uses its direct feed from thousands of truck stops to develop its averages.
According to ProMiles, the average retail price at truck stops was $3.964 on Monday morning, an increase of about four-tenths of a cent compared to last week.
TruckMiles.com listed the daily average price for Tuesday at $4.034, with truckers in Connecticut paying an average of $4.589 per gallon, the highest in the nation. Truckers in Oregon are paying only $3.652 per gallon, according to the site. Truckers in 24 of the Lower 48 states are paying in excess of $4 per gallon at the pump.
In separate energy news, according to the New York Mercantile Exchange, light sweet crude was trading at $101.13 on Tuesday afternoon. The price of Brent crude oil was listed at $107.99, according to Bloomberg.
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