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Diesel rises 9 cents as summer price drop evaporates

The West Coast region had the highest average price at $3.901. The lowest regional price was the Rocky Mountains at $3.701 followed by Gulf Coast, a penny higher at $3.711.

The Trucker Staff

7/23/2012

WASHINGTON — The average price for a gallon of diesel has jumped nearly nine cents or so, the third consecutive increase after three months of falling prices. Still, fuel costs less than it did to start the summer.

Officially, the nationwide retail on-highway price for a gallon of diesel came in at $ 3.783, according to the July 23 report by the Energy Information Administration of the Department of Energy. That’s up 8.8 cents from last week and 13.5 cents from the beginning of the month. Still, the price was $3.85 in early June and, other than this summer, the last time diesel was this low was the end of 2011. And diesel is 16.6 cents cheaper than it was a year ago.

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The price increased 10.5 cents per gallon in the Lower Atlantic regions, and 9.8 cents on the West Coast.

The West Coast region also had the highest price at $3.901, although the state premium in California brought the average cost of a gallon of diesel there to $3.976. The Central Atlantic also came in at $3.90.

The lowest regional price was the Rocky Mountains at $3.701 followed by Gulf Coast, a penny higher at $3.711.

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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