Diesel price climbs for first time in three months

| July 10, 2012

The national average retail diesel price climbed for the first time since April 9, rising 3.5 cents to $3.683 a gallon during the week ended Monday, July 9, according to the U.S. Department of Energy’s Energy Information Administration. It was the first increase after 12 straight weekly declines; during that time, the price of diesel had dropped 49.9 cents a gallon. Still, this week’s price is 21.6 cents below the same week last year.

Average retail prices rose in most regions, led by a 5.8-cent increase in the Midwest, where the price climbed to $3.638. The largest decrease was 2.5 cents in the Rocky Mountains. The most expensive diesel on average was $3.882 a gallon in California, while the least expensive diesel on average was $3.605 a gallon on the Gulf Coast.

Complete diesel price information is available on EIA’s Website.