The national average retail price of diesel rose another 3.7 cents to $3.331 during the week ended Jan. 3, according to the U.S. Department of Energy’s Energy Information Administration.
The average price is more than 37 cents higher than at the end of September when prices started climbing. Diesel prices are 53.4 cents higher than the same week last year and are at the highest level since late October 2008, when prices were plunging from an all-time high that summer.
Prices rose in all regions. The largest jump was in Gulf Coast states, where the average price soared 5.3 cents. The East Coast average rose 4.4 cents to $3.357, while the West Coast increased 3.8 cents to $3.443. As usual, the nation’s most expensive diesel was in California at $3.507, or 3.7 cents a gallon higher.
For state-by-state diesel prices, updated daily, click here.
"Until a formal regulation is established with clear guidelines and borders ...