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Saturday, July 27, 2024

Harvey shocks diesel prices upwards

The average price of a gallon of on-highway diesel rose 15.3 cents to $2.758 per gallon for the week ending Monday, Sept. 4. This marks the second consecutive increase after a short-lived decrease two weeks ago and the highest prices since July 20, 2015, when diesel cost $2.782. This is also the largest one-week increase since March 7, 2011, when prices went up 15.5 cents.

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 Lower Atlantic region, where prices at the pump went up by 19.7 cents per gallon. Prices went up 8.1 cents in the Rocky Mountain region, the smallest increase in the nation.

Following are the average prices by region as reported by the EIA:
• U.S. – $2.758, up 15.3 cents
• East Coast – $2.785, up 16.2 cents
• New England – $2.723, up 10.5 cents
• Central Atlantic – $2.886, up 12.8 cents
• Lower Atlantic – $2.725, up 19.7 cents
• Midwest – $2.707, up 14.1 cents
• Gulf Coast – $2.615, up 18.7 cents
• Rocky Mountain – $2.798, up 8.1 cents
• West Coast – $3.044, up 13.4 cents
• West Coast less California – $2.931, up 12.5 cents
• California – $3.135, up 14 cents