LITTLE ROCK, Ark. — Average U.S. diesel prices are rising sharply.
According to the Energy Information Administration (EIA), the average price as of Aug. 7 is $4.239 per gallon, up from $4.127 on July 31 and $3.905 on July 24.
Economists say a combination of sweltering temperatures, rising oil prices and falling production are to blame.
The cheapest average price per gallon for diesel fuel is along the Gulf Coast at $3.960 per gallon, EIA statistics show. The highest price is in California at $5.339 per gallon.
In the Midwest, expect to pay an average of $4.195 per gallon, while along the East Coast, the average price is sitting at $4.248 per gallon as of Aug. 7.
The Trucker News Staff produces engaging content for not only TheTrucker.com, but also The Trucker Newspaper, which has been serving the trucking industry for more than 30 years. With a focus on drivers, the Trucker News Staff aims to provide relevant, objective content pertaining to the trucking segment of the transportation industry. The Trucker News Staff is based in Little Rock, Arkansas.
