Diesel price rises slightly, stays under $2 a gallon

| February 29, 2016

For the second week in a row, fuel prices climbed slightly, according to the Department of Energy’s weekly report, with prices increasing by six-tenths of a cent during the week ending Feb. 29.

The average price of a gallon of on-highway diesel now stands at $1.989, remaining below $2 a gallon for the third consecutive week.

Prices increased in all regions except New England and the Central Atlantic, where prices dropped by six-tenths of a cent and 1.3 cents, respectively.

The most significant increase came in the Rocky Mountain region, where prices increased by 2 cents.

The nation’s most expensive diesel can be found in California at $2.302 per gallon, followed by the Central Atlantic division at $2.171 per gallon.

The cheapest fuel is in the Gulf Coast region at $1.874 per gallon, followed by the Rocky Mountain region at $1.881 per gallon.

Prices in other regions are as follows:

  • New England – $2.154
  • Lower Atlantic – $1.945
  • Midwest – $1.937
  • West Coast less California – $2.054

ProMiles’ numbers have the average price of a gallon of on-highway diesel at $1.941 per gallon nationwide, matching the DOE’s increase of six-tenths of a cent during the week.

According to ProMiles’ Fuel Surcharge Index, the most expensive diesel can be found in California at $2.246 per gallon, and the cheapest can be found in the Rocky Mountain region at $1.854 per gallon.

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