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Thursday, December 8, 2022

Fuel Prices Nudge Upward

 On Monday, March 4, the EIA reported the U.S. average price for a gallon of diesel fuel was 2.8 cents higher than a week previous.

The average price in the Midwest was 4.5 cents higher than the week previous, which was 6.5 cents higher than the week before that. For each week, the increase in the average price in the Midwest was the largest increase among the regions reported by the EIA.

Monday’s average price 8.4 cents higher than one year ago.

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

  • U.S. – $3.076, up 2.8 cents
  • East Coast – $3.119, up 2.5 cents.
  • New England – $3.177, up three-fifths of a cent.
  • Central Atlantic – $3.301, up 1.5 cents.
  • Lower Atlantic – $2.985, up 3.6 cents.
  • Midwest – $3.014, up 4.5 cents.
  • Gulf Coast – $2.87 up 2.1 cents.
  • Rocky Mountain – $2.939, up 2.6 cents.
  • West Coast – $3.503, up 1cent.
  • West Coast without California – $3.155, up 1.4 cents.
  • California – $3.779, up seven-tenths of a cent.