Diesel jumps 6 cents, tops $4 for first time since May

Fuel has topped $4 per gallon in every region except the Gulf Coast, at $3.911, and the Lower Atlantic at $3.944.

The Trucker Staff

8/20/2012

WASHINGTON — The average price for a gallon of diesel has risen for the seventh consecutive week, hitting the highest mark since mid-May. Fuel is suddenly more than 20 cents higher than a year ago.

Officially, the nationwide retail on-highway price for a gallon of diesel came in at $4.026, according to the Aug. 20 report by the Energy Information Administration of the Department of Energy. That’s up 6.1 cents from last week. Diesel has risen 37.8 cents since the first week of July.

The price increased 10.4 cents in the Rocky Mountain region and 10.2 cents per gallon on the West Coast for the biggest gains.

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The West Coast also had the highest price at $4.254, although the state premium in California brought the average cost of a gallon of diesel there to $4.313.

Fuel also has topped $4 per gallon in every region except the Gulf Coast, at $3.911, and the Lower Atlantic at $3.944.

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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