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Diesel up slightly to $4.147 national average

The price of diesel has risen in 11 of the past 12 weeks, up 35.6 cents since the first year.

The Trucker Staff

3/26/2012

WASHINGTON — The average price for a gallon of diesel has climbed less than a penny, but any gain keeps prices at their the highest level since the record-setting run-up of 2008.

Officially, the nationwide retail on-highway price for a gallon of diesel came in at $4.147, up a half-cent, according to the March 26 report by the Energy Information Administration of the Department of Energy.

The last time fuel prices were this high was August 2008, as prices fell from the all-time high of $4.764 a month before.

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The price has risen in 11 of the past 12 weeks, up 35.6 cents since the first year.

The Rocky Mountain region saw the biggest increase, up 1.7 cents per gallon, while the price rose a penny in the Central Atlantic region.

The West Coast had the highest regional price at $4.433, and that includes California, where the state premium brought the average cost of a gallon of diesel there to $4.476, actually down five-tenths of a penny.

The Midwest region still had the lowest average price, $4.046, followed by the Gulf Coast at $4.055.

Diesel prices nationally are up 21.5 cents a gallon from a year ago.

For a complete record of the last three weeks by region, click here.

Kevin Jones of The Trucker staff can be reached for comment at kevinj@thetrucker.com.

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