The national average retail diesel price is above $4 a gallon for the first time in two months, rising 9.5 cents a gallon during the week ended Feb. 4 to $4.022 a gallon, according to the U.S. Department of Energy’s Energy Information Administration. The increase is the largest since August. The latest weekly price is 16.6 cents above the same week last year.
Diesel prices rose in all regions, led by a 13-cent jump on the West Coast (excluding California). The smallest increase was 5.6 cents in New England, which no longer has the nation’s most expensive diesel. That distinction goes to California, where diesel prices on average are $4.242 a gallon — five-tenths of a cent more than in New England. The Rocky Mountain region still has the nation’s cheapest diesel at $3.844 a gallon. The only other regions where the average price remains under $4 are the Gulf Coast and Midwest.
Complete diesel price information is available on EIA’s Website.
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