Diesel price rises for second straight week

user-gravatar Headshot
Screen Shot 2015-02-17 at 4.31.17 PM


The national average price for a gallon of on-highway diesel rose 3 cents in the week ended Feb. 16 to $2.865, according to the Department of Energy’s weekly report.

That’s the second consecutive week-to-week increase — the first since the week ended June 30, 2014 — and could spell the end of the nearly six-month decline of the price of diesel.

The U.S.’ average price, however, is still $1.124 lower than the same week last year, according to the DOE.

All regions in the U.S. also experienced an increase, except for the Rocky Mountain region, which saw a six-tenths of a cent decline.

The California subregion posted the largest week-to-week increase, 8.1 cents, followed by the West Coast (including California), which saw a 7.3-cent increase, and the New England region’s 4.5-cent increase.

The California subregion had the country’s most expensive diesel, $3.142, followed by the New England and Central Atlantic regions, which both had averages of $3.084.

The Rocky Mountain region had the country’s cheapest diesel, $2.770, followed by the Gulf Coast’s $2.783.

The Business Manual for Owner-Operators
Overdrive editors and ATBS present the industry’s best manual for prospective and committed owner-operators. You’ll find exceptional depth on many issues in the 2022 edition of Partners in Business.
Download
Partners in Business Issue Cover