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Friday, July 26, 2024

Diesel reaches highest price in two years

 

The average price of a gallon of on-highway diesel went up 1.7 cents to $2.598 per gallon for the week ending Monday, Aug. 14. This marks the seventh consecutive increase after a month of decreases and the highest prices since Aug. 17, 2015, when diesel cost $2.615.

Diesel price averages went up in nine of 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 4.1 cents per gallon. Prices remained unchanged in the Gulf Coast region, the only region not to experience an increase.

Following are the average prices by region as reported by the EIA:
• U.S. – $2.598, up 1.7 cents
• East Coast – $2.624, up 1.1 cents
• New England – $2.625, up seven-tenths of a cent
• Central Atlantic – $2.761, up 1 cent
• Lower Atlantic – $2.527, up 1.3 cents
• Midwest – $2.57, up 2.7 cents
• Gulf Coast – $2.41, unchanged
• Rocky Mountain – $2.70, up 2.7 cents
• West Coast – $2.877, up 2.9 cents
• West Coast less California – $2.788, up 4.1 cents
• California – $2.949, up 1.9 cents