Diesel prices inch back up

| April 09, 2012

A week after diesel prices dipped for the first time in nine weeks, the national average price of diesel rose once again, increasing 0.6-cent to $4.148 a gallon during the week ended April 9, according to the U.S. Department of Energy’s Energy Information Administration. Prices are, on average, 7 cents higher than the same week last year.

Prices rose in all regions except the East Coast, where prices were flat for the second straight week, and the Lower Atlantic, West Coast and California, which all saw small declines. The largest increase was 1.6 cents in New England. The largest decrease also was 1.6 cents in California and the Central Atlantic, where the average price nudged just one-tenth of a cent higher. The largest drop was 2 cents, in California, where diesel nevertheless remains the nation’s most expensive at $4.456 a gallon. The smallest declines were just a tenth of a cent in both New England and the Lower Atlantic regions. The nation’s least expensive diesel on average is $4.042 in the Midwest, although the Gulf Coast is close behind at $4.049.

Complete diesel price information is available on EIA’s Website.