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National diesel price climbs

| February 22, 2012

After surging 8.7 cents last week, the national average diesel price increased 1.7 cents in the latest week, according to figures from the U.S. Department of Energy’s Energy Information.

It was the sixth increase in the last seven weeks, during which the diesel price has risen 17.7 cents. The latest price is $3.96. A year ago it was 38.7 cents higher.

Prices in all regions but one increased. The biggest increases were in California and the rest of the West Coast. California advanced 4.9 cents to $4.258, while the entire West Coast gained 4.3 cents to $4.164. The Lower Atlantic area rose 3.6 cents to $3.966.

The exception to higher prices was in the Midwest, where a gallon of diesel slipped 0.9-cent to $3.848.

The record diesel price was $4.764 in July 2008.

For diesel price information, click here.

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