Sunday, May 20, 2018

Diesel prices continue upward trend, reach $2.819


Monday, October 30, 2017
by KLINT LOWRY The Trucker staff

The Midwest region saw the biggest jump in diesel prices this week, from $2.779 to $2.810, an increase of $0.031.
The Midwest region saw the biggest jump in diesel prices this week, from $2.779 to $2.810, an increase of $0.031.

National average diesel prices rose for the third consecutive week, with all 10 of the Energy Information Administration’s (EIA) reporting regions showing increases this week. The national average on-highway price rose to $2.819 per gallon, a 2.2-cent increase from last week’s $2.797.

The Midwest region saw the biggest jump, from $2.779 to $2.810, an increase of $0.031.

The West Coast Minus California saw the smallest increase, $0.005, to $3.020. The West Coast had the second-smallest increase, $0.013, though it retains its claim to the highest prices in the nation, at $3.111.

Diesel prices are currently $0.340 above where they were a year ago, with the Rocky Mountain seeing the highest year-over-year increase, $0.402, to $2.943.

Benchmark U.S. crude rose 25 cents to settle at $54.15 per barrel. Brent crude, the international standard, rose 46 cents to $60.90 a barrel, The Associated Press reported.

For diesel prices by EIA region, click here

(https://www.eia.gov/petroleum/gasdiesel/).

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