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Wednesday, May 29, 2024

Diesel reaches highest average price per gallon of 2016

The average price of a gallon of on-highway diesel had an increase of 2.6 cents from last week to $2.297 per gallon for the week ending Monday, May 16. This marks the sixth consecutive weekly increase after a short-lived one-week decrease and the highest national average since Dec. 14, 2015, when diesel prices were $2.338.

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 West Coast less California region, where prices at the pump rose by 5.7 cents per gallon. Prices were up eight-tenths of a cent in the Central Atlantic region, the smallest increase in the nation.

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

U.S. – $2.297, up 2.6 cents
East Coast – $2.321, up 1.2 cents
New England – $2.348, up nine-tenths of a cent
Central Atlantic – $2.41, up eight-tenths of a cent
Lower Atlantic – $2.248, up 1.6 cents
Midwest – $2.271, up 3 cents
Gulf Coast – $2.157, up 2.6 cents
Rocky Mountain – $2.324, up 4.7 cents
West Coast – $2.53, up 3.7 cents
West Coast less California – $2.425, up 5.7 cents
California – $2.615, up 2.1 cents