Diesel price rises again

| January 24, 2011

The national average retail price of diesel increased for an eighth straight week, rising 2.3 cents to $3.407 during the week ended Jan. 24, according to the U.S. Department of Energy’s Energy Information Administration.

Prices increased in all regions, led by an 4.9-cent increase in the New England area of the East Coast, where prices gained 3.2 cents overall. New England is now the most expensive region tracked by the agency at $3.609 a gallon. California gained 4 cents to $3.602 a gallon. The Gulf Coast increased 2.2 cents to $3.531.

The national average price is 59.7 cents higher than the same week last year and is at the highest level since late October 2008, when the price was $3.488.

For state-by-state diesel prices, updated daily, click here.

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