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Friday, July 26, 2024

Diesel prices match 18-month high from January

Diesel prices match 18-month high from January

The average price of a gallon of on-highway diesel went up 1.5 cents to $2.597 per gallon for the week ending Monday, April 17. This marks the third consecutive increase after three straight weeks of decreases. Diesel was $2.597 on Jan. 9 and had not reached higher prices since Aug. 17, 2015, when diesel was $2.615

Diesel price averages went up in 9 of 10 regions in the U.S., according to the Energy Information Administration. The largest average increase was in the Central Atlantic region, where prices at the pump went up by 2.2 cents per gallon. Prices decreased by one-tenth of a cent in the New England region, the only decrease in the nation.

Following are the average prices by region as reported by the EIA:
• U.S. – $2.597, up 1.5 cents
• East Coast – $2.631, up 1.1 cents
• New England – $2.638, down one-tenth of a cent
• Central Atlantic – $2.783, up 2.2 cents
• Lower Atlantic – $2.522, up six-tenths of a cent
• Midwest – $2.536, up 2.1 cents
• Gulf Coast – $2.458, up 1.2 cents
• Rocky Mountain – $2.652, up 1.2 cents
• West Coast – $2.877, up 1.5 cents
• West Coast less California – $2.791, up 1.9 cents
• California – $2.946, up 1.1 cents