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Average price of diesel jumps 5.8 cents a gallon

This week's price increase included an 11.4 cent jump in the Midwest. (The Trucker file photo)

The Trucker News Services

11/26/2012

WASHINGTON — The average retail on-highway price of a gallon of diesel skyrocketed 5.8 cents a gallon for the week ending Nov. 26, according to the Energy Information Agency of the Department of Energy.

That puts the average price truckers pay on the highway at $4.034, marking an end to five consecutive weekly declines that began in mid-October.

The price is seven cents a gallon higher than one year ago this week.

The increase was highlighted by an 11.4 cent price increase in the Midwest.

For complete prices by region for the past three weeks, click here.

There was no immediate explanation about why the price jumped.

The Trucker staff can be reached for comment at editor@thetrucker.com.

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