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Wednesday, May 29, 2024

Diesel prices back up after two months of decreases

The average price of a gallon of on-highway diesel went up 6 cents to $2.370 per gallon for the week ending Monday, Aug. 22. This marks the first increase after nine weeks of declining or stagnant prices. The relatively large hike sends the national average to the highest prices in a month.

Diesel price averages went up in all 10 regions in the U.S., according to the Energy Information Administration. The largest average increase was in the Gulf Coast region, where prices at the pump rose by 7 cents per gallon. Prices were up 2.3 cents in the New England region, the smallest increase in the nation.

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

U.S. – $2.370, up 6 cents
East Coast – $2.367, up 5.3 cents
New England – $2.391, up 2.3 cents
Central Atlantic – $2.457, up 5.1 cents
Lower Atlantic – $2.294, up 6.1 cents
Midwest – $2.342, up 6.9 cents
Gulf Coast – $2.249, up 7 cents
Rocky Mountain – $2.435, up 4.1 cents
West Coast – $2.623, up 4 cents
West Coast less California – $2.498, up 5.7 cents
California – $2.723, up 2.7 cents