Fuel prices continue to climb

user-gravatar
fueling-truck-stop-2017-04-17-11-55

Diesel fuel prices ticked up by about a cent during the week ending Oct. 15, marking the eighth straight week of increasing fuel prices, according to the Department of Energy’s weekly report.

Following the nine-tenths of a cent increase during the week, the U.S.’ average price for a gallon of on-highway diesel is now $3.394, increasing the year’s high mark.

Prices increased in all but two regions during the most recent week, as California’s prices dropped slightly and the Midwest region’s held flat. The largest increase during the week was seen in the West Coast less California region, which increased by 3.3 cents.

The most expensive diesel can still be found in California at $4.109 per gallon, followed by the West Coast less California region at $3.591 per gallon.

The cheapest fuel can be found in the Gulf Coast region at $3.172 per gallon, followed by the Lower Atlantic region at $3.272 per gallon.

Prices in other regions, according to DOE, are:

  • New England – $3.361
  • Central Atlantic – $3.544
  • Midwest – $3.351
  • Rocky Mountain – $3.40

ProMiles’ numbers during the week also saw fuel prices jump by 4.7 cents, bringing its national average to $3.328 per gallon.

According to ProMiles’ Fuel Surcharge Index, the most expensive diesel can be found in California at $4.072 per gallon, and the cheapest can be found in the Gulf Coast region at $3.176 per gallon.

The Business Manual for Owner-Operators
Overdrive editors and ATBS present the industry’s best manual for prospective and committed owner-operators. You’ll find exceptional depth on many issues in the 2021 edition of Partners in Business.
Download
Partners in Business Issue Cover