Diesel price climbs for second week

| January 17, 2012

The U.S. average diesel price advanced for a second straight week after six weeks of falling prices, according to the latest figures from the U.S. Department of Energy’s Energy Information Administration. The national average price increased 2.6 cents to $3.854 through Jan. 16.

The average price had declined 22.7 cents over the previous six weeks. The latest price is 44.7 cents higher than a year earlier.

Prices in all regions but one gained, led by 4.7 cents to $4.076 in New England. Increases of 3.5 cents were recorded on the East Coast to $3.943 and Central Atlantic states to $4.031. The Rocky Mountain region dipped 2 cents to $3.823 for the only declining price.

The record diesel price was $4.764 in July 2008.

For diesel price information, click here.

OverdriveOnline.com strives to maintain an open forum for reader opinions. Click here to read our comment policy.