National on-highway diesel prices took a slight tick upwards — five tenths of a cent — to $4.021 Monday compared with $4.016 on March 3, the Energy Information Administration of the U.S. Energy Department reported.
Four out the EIA’s 10 reporting sectors showed lower prices than the week prior: New England, Central Atlantic, Midwest and California. But unfortunately, eight sectors (counting the national average) made it to $4 a gallon or higher.
Only the Lower Atlantic region at $3.974, the Gulf Coast at $3.814 a gallon and the West Coast less California, were still below the $4-a-gallon mark.
Diesel has followed oil’s erratic trajectory, and sometimes will seesaw up and down in a day’s time.
Cold weather that won’t go away has meant an upsurge in the need for home heating oil, driving the price of oil up, and tensions in oil-rich countries also have boosted prices.
On the other hand, healthier economic figures and better-than-expected reserves have made oil prices trend downwards.
For more details on diesel prices across the country click here.
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