Diesel prices spike in most recent week

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Updated Dec 6, 2016
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Diesel prices jumped six cents in the most recent week, nearing 2016’s high point, to $2.48 per gallon, according to the Department of Energy’s weekly report.

The highest price of the year was $2.481 per gallon, set during the week ending Oct. 17. This week’s jump also ends a run of four consecutive weeks of falling prices.

Prices climbed across the U.S., with the most significant increase coming in the Midwest region, where prices rose 7.5 cents, followed by the Gulf Coast region, where prices rose 7.1 cents.

The nation’s most expensive diesel can be found in California at $2.843 per gallon, followed by the West Coast less California region at $2.679 per gallon.

The cheapest fuel is in the Gulf Coast region at $2.361 per gallon, followed by the Lower Atlantic region at $2.415 per gallon.

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

  • New England – $2.526
  • Central Atlantic – $2.602
  • Midwest – $2.431
  • Rocky Mountain – $2.457