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Sunday, October 2, 2022

Average diesel price increase slowing down

The average price of a gallon of on-highway diesel had an increase of five-tenths of a cent from last week to $2.271 per gallon for the week ending Monday, May 9. This marks the fifth consecutive weekly increase after a short-lived one-week decrease. Last week’s increase was the largest since March 14.

Diesel price averages went up in eight of 10 regions in the U.S., according to the Energy Information Administration. The largest average increase was in the Rocky Mountain region, where prices at the pump rose by 2.2 cents per gallon. Prices were down six-tenths of a cent in the Gulf Coast region, the only decrease in the nation. Diesel prices in the Lower Atlantic region were unchanged.

Following are the average prices by region as reported by the EIA:

U.S. – $2.271, up five-tenths of a cent
East Coast – $2.309, up three-tenths of a cent
New England – $2.339, up five-tenths of a cent
Central Atlantic – $2.402, up six-tenths of a cent
Lower Atlantic – $2.232, unchanged
Midwest – $2.241, up nine-tenths of a cent
Gulf Coast – $2.131, down six-tenths of a cent
Rocky Mountain – $2.277, up 2.2 cents
West Coast – $2.493, up 1.2 cents
West Coast less California – $2.368, up 1.1 cents
California – $2.594, up 1.5 cents