National diesel price surges 14 cents

Feb 28, 2011

Updated Mar 2, 2011

Due to surging oil prices brought on by Middle East turmoil, the national average retail price of diesel soared 14.3 cents to $3.716 during the week ended Feb. 28, according to the U.S. Department of Energy’s Energy Information Administration. The price is the highest since Oct. 6, 2008, when it was $3.887.

Prices jumped in all regions. California soared to almost $4 a gallon, gaining 16.5 cents to $3.964. Excluding California, the West Coast rose 16.3 cents to $3.892. The average East Coast price climbed 14.4 cents to $3.764. New England increased 13.4 cents to $3.903.

Prices have advanced for 13 consecutive weeks. The national average price is 85.5 cents higher than the same week last year.

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

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