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Friday, July 26, 2024

Average diesel prices increase another 4 cents in wake of hurricanes Irma, Harvey

 

The average price of a gallon of on-highway diesel rose another 4.4 cents to $2.802 per gallon for the week ending Monday, Sept. 11. This marks the third consecutive increase, and the highest prices since July 20, 2015, when diesel cost $2.782. The increase follows last week’s 15-cent per gallon price hike, which was the largest single-week increase in fuel prices in more than six years.

Diesel price averages were up in all 10 regions in the U.S., according to the Energy Information Administration. The largest average increase was in the West Coast less California region, where prices at the pump went up by 7.6 cents per gallon. Prices went up 2.9 cents in the Rocky Mountain region, the smallest increase in the nation.

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

• U.S. – $2.802, up 4.4 cents
• East Coast – $2.829, up 4.4 cents
• New England – $2.761, up 3.8 cents
• Central Atlantic – $2.922, up 3.6 cents
• Lower Atlantic – $2.776, up 5.1 cents
• Midwest – $2.753, up 4.6 cents
• Gulf Coast – $2.647, up 3.2 cents
• Rocky Mountain – $2.827, up 2.9 cents
• West Coast – $3.102, up 5.8 cents
• West Coast less California – $3.007, up 7.6 cents
• California – $3.179, up 4.4 cents