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Diesel prices inch up a penny to $3.268 a gallon

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Diesel prices inch up a penny to $3.268 a gallon

The on-highway diesel average inched up a penny today, the U.S. Energy Information Administration (EIA) reported, putting diesel at $3.268 a gallon compared with the $3.258 it cost last week.

Of the EIA’s 10 reporting sectors, nine showed diesel price increases of from 4 tenths of a cent (Lower Atlantic) to 1.7 cents a gallon (Gulf Coast).

Only the Rocky Mountain sector went down — 4 tenths of a cent — to $3.363 a gallon compared with $3.367 last week.

Diesel in New England went up 1.2 cents a gallon, from $3.255 last week to $3.267 this week. Diesel prices remain in the $3-a-gallon range across the country, with California at the high end at $3.979 a gallon and the Gulf Coast on the lowest rung at $3.056.

Amid fears that there will be more tariffs on Chinese goods to come and the pushback that will result, oil prices declined this afternoon, wiping out gains from earlier in the day.

Benchmark U.S. crude lost 0.1 percent to settle at $68.91 a barrel in New York. Brent crude, used to price international oils, fell 0.1 percent to close at $78.05 a barrel in London, The Associated Press reported.

For more details on diesel prices by region click here.

Avatar for Dorothy Cox

Dorothy Cox is former assistant editor – now retired – of The Trucker, and a 20-plus-year trucking journalism veteran. She holds a bachelor’s degree in fine arts and a master’s degree in divinity. Cox has been in journalism since 1972. She has won awards for her writing in both mainstream and trucking journalism.

Avatar for Dorothy Cox
Dorothy Cox is former assistant editor - now retired - of The Trucker, and a 20-plus-year trucking journalism veteran. She holds a bachelor's degree in fine arts and a master's degree in divinity. Cox has been in journalism since 1972. She has won awards for her writing in both mainstream and trucking journalism.
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