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Sunday, December 4, 2022

Diesel Prices Up after Minor Downward Tweak

 

The average price of a gallon of on-highway diesel went up 1.4 cents to $2.926 per gallon for the week ending Monday, Nov. 27. This marks the first increase after a short-lived decrease last week, which was preceded by five consecutive weeks of increases.

Diesel prices went up in nine of 10 regions in the United States, according to the Energy Information Administration. The largest average increase was in the Gulf Coast and Rocky Mountain regions, where prices at the pump went up 2.3 cents per gallon. Prices went down two-tenths of a cent in the California region, the only decrease in the nation.

Following are the average prices by region as reported by the EIA:
• U.S. – $2.926, up 1.4 cents
• East Coast – $2.907, up 1.1 cents
• New England – $2.881, up 1.9 cents
• Central Atlantic – $3.074, up 1.9 cents
• Lower Atlantic – $2.794, up five-tenths of a cent
• Midwest – $2.884, up 1.1 cents
• Gulf Coast – $2.712, up 2.3 cents
• Rocky Mountain – $3.026, up 2.3 cents
• West Coast – $3.38, up two-tenths of a cent
• West Coast less California – $3.113, up six-tenths of a cent