Diesel average hits highest mark of 2016

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Diesel prices jumped 6.8 cents during the week ending May 2, the largest week-to-week increase since mid-March, according to the Department of Energy’s weekly report.

The price of a gallon of on-highway diesel in the U.S. is now $2.266, the highest prices have been since December 21.

Prices increased in all regions across the country with the most significant increase coming in the Midwest region, where prices jumped 7.6 cents.

The nation’s most expensive diesel can be found in California at $2.579 per gallon, followed by the Central Atlantic region at $2.396 per gallon.

The cheapest fuel can be found in the Gulf Coast region at $2.137 per gallon, followed by the Lower Atlantic and Midwest regions at $2.232 per gallon.

Prices in other regions according to the DOE are as follows:

  • New England – $2.334
  • Rocky Mountain – $2.255
  • West Coast less California – $2.357

ProMiles’ numbers during the same week have the average price of a gallon of on-highway diesel at $2.241 per gallon nationwide, a 7.4-cent increase over last week’s numbers.

According to ProMiles’ Fuel Surcharge Index, the most expensive diesel can be found in California at $2.567 per gallon, and the cheapest can be found in the Gulf Coast region at $2.146 per gallon.

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