Diesel prices continue upward trajectory nationwide

786
The price of diesel rose for the seventh consecutive week

On-highway diesel prices rose again in the past week, with the national average standing at $3.171, up $0.014 from a week ago, according the Energy Information Administration (EIA).

Google Trucker Survey Ad

This is the seventh consecutive week in which average diesel prices have risen, and it places the current price per gallon at $0.606 above the price a year ago.

Once again, every one of the EIA’s reporting sectors saw prices go up this week. The Rocky Mountain Region saw the largest increase, at $0.034, to $3.18 per gallon. The Midwest and Gulf Coast regions had the smallest increase, $0.009 per gallon each. At its current $2.955, the Gulf Coast remains the only region in which the price of diesel remains under $3 per gallon.

Prices on the West Coast continue to be by far the highest, at $3.662 overall after a $0.022 increase this past week. Taken separately, the price of diesel in California stands at $3.863, with a year-to-year gain of $0.936 per gallon, the highest in the country.

Overall, diesel prices on the East Coast are at $3.178, only slightly higher than the national average. However, the price in the Mid-Atlantic region rose to $3.336, after a weekly increase of  $0.015.

Benchmark U.S. crude oil rose $1.01 to end at $70.73 a barrel on the futures market in New York on Monday, pushing above the $70 threshold for the first time since November 2014. The international standard, Brent crude, was up $1.30 to $76.17 in London. For more about diesel prices, click here.

For over 30 years, the objective of The Trucker editorial team has been to produce content focused on truck drivers that is relevant, objective and engaging. After reading this article, feel free to leave a comment about this article or the topics covered in this article for the author or the other readers to enjoy. Let them know what you think! We always enjoy hearing from our readers.

COMMENT ON THIS ARTICLE

Please enter your comment!
Please enter your name here