Wednesday, January 17, 2018

Diesel prices up 9 tenths of a cent to $2.481


Monday, July 10, 2017
by DOROTHY COX/The Trucker Staff

California still has the most expensive diesel at $2.867 a gallon, while the Gulf Coast still has the cheapest at $2.311. (The Trucker file photo)
California still has the most expensive diesel at $2.867 a gallon, while the Gulf Coast still has the cheapest at $2.311. (The Trucker file photo)

Oil has been inching back up and so has diesel, which was up 9 tenths of a cent today to $2.481 compared with $2.472 last week, the Energy Information Administration (EIA) reported.

Seven of the EIA’s 10 reporting regions showed an upswing, two remained the same from last week, and one went down just a hair.

The West Coast Less California sector went up the most (2.5 cents a gallon), to $2.653. That’s compared to $2.628 last week.

The only EIA region to go down was Rocky Mountain, which crept down 1 tenth of a cent to $2.584, compared with $2.585 the week prior.

New England and the Lower Atlantic regions stayed the same. California still has the most expensive diesel at $2.867 a gallon, while the Gulf Coast still has the cheapest at $2.311.

Oil prices rebounded today after an early slide, The Associated Press reported.

Benchmark U.S. crude added 17 cents to settle at $44.40 a barrel in New York. Brent crude, used to price international oils, also rose 17 cents to close at $46.88 a barrel in London. Wholesale gasoline was little changed at $1.50 a gallon. Heating oil also held steady at $1.45 a gallon. Natural gas rose 7 cents, or 2.3 percent, to $2.93 per 1,000 cubic feet.

For diesel prices by region, click here.

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