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Diesel price sees first jump since March 10, climbs 1.9 cents

| April 21, 2014

The national average price for a gallon of on-highway diesel jumped 1.9 cents in the week ended April 21 to $3.971, snapping a streak of six consecutive weekly drops that totaled 6.9 cents. The data comes from the Department of Energy’s Energy Information Administration. 

The price of diesel had fallen every week since the week ended March 10, and the price of diesel in the most recent week is 8.4 cents higher than the same week a year ago, according to the EIA. 

ProMiles’ Fuel Surcharge Index reported this week a 2.3-cent increase, bringing its reported national average to $3.917 a gallon, up 8.2 cents from the same week a year ago. 

According to the EIA, average prices in all regions also increased, save for the Central Atlantic and Lower Atlantic, which each saw fraction-of-a-penny decreases. 

The West Coast felt the brunt of the increases, with the West Coast less California region seeing a 5.2-cent increase and California experiencing a 4.6-cent increase. The Gulf Coast and Rocky Mountain regions also saw a hit, rising 3 cents and 3.4 cents, respectively. 

New England still has the country’s most expensive diesel, $4.212 a gallon, followed by the Central Atlantic’s $4.191 and California’s $4.102. 

The Gulf Coast has the cheapeast diesel, $3.820, followed by the West Coast less California’s $3.945 and the Midwest’s $3.946. 

Tipping The Scales: Time To Trade In And Trade Up With Cummins ISX15 SmartAdvantage.

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  1. […] Source: Overdrive Magazine By James Jaillet […]