U.S. diesel price soars

| February 13, 2012

The national average diesel price surged 8.7 cents to $3.943 in the latest week, according to figures from the U.S. Department of Energy’s Energy Information.

It was the fifth increase in the last six weeks, during which the diesel price has risen 16 cents. The latest price is the highest since Nov. 28, when it was $3.964.

Prices in all regions jumped. The biggest increases were on the West Coast without California, up 8.9 cents to $4.017; Gulf Coast, up 8.5 cents to $3.86; and the Lower Atlantic area, up 8.4 cents to 43.93. All of the East Coast was 8 cents higher to $4.028. California remained the most expensive market at $4.209 a gallon after rising 8.1 cents.

The record diesel price was $4.764 in July 2008.

For diesel price information, click here.

 

  • sam kassab

    Is it legal for some trucking companies to pay owner operators half the fuel surcharage that the entitled for. I wonder why trucking industry won’t do anything about transportation rates, we still making $1.19 per mile as owner operators in some companies, why some of us will not go to and lease their trucks with other trucking companies I am for one the co. I work for a co that are steady and pay us every single week the co. never had a financial problem in paying their owner operators, and thats the only reason I’m staying. It’s amazing that the trucking industry doesn’t take a good move and protest the rising fuel prices.

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