Fuel prices rise to highest mark of 2016

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Diesel prices saw a 6-cent jump during the week ending May 23, according to data from the Department of Energy’s weekly fuel report.

The jump in prices put the national average for a gallon of on-highway diesel at $2.357, the highest per-gallon rate so far in 2016.

Prices increased in all regions with the most significant increase coming in the West Coast less California region, where prices rose by 7.7 cents.

The most expensive diesel in the U.S. can be found in California at $2.673 per gallon, followed by the West Coast less California region at $2.502 per gallon.

The cheapest fuel is in the Gulf Coast region at $2.233 per gallon, followed by the Lower Atlantic region at $2.308 per gallon.

Prices in other regions, according to the DOE, are:

  • New England – $2.411
  • Central Atlantic – $2.464
  • Midwest – $2.325
  • Rocky Mountain – $2.358

ProMiles’ numbers during the same week have the average price of a gallon of on-highway diesel at $2.339 per gallon nationwide, a 6.7-cent increase over last week’s numbers.

According to ProMiles’ Fuel Surcharge Index, the most expensive diesel can be found in California at $2.71 per gallon, and the cheapest can be found in the Gulf Coast region at $2.249 per gallon.

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