Diesel jumps 9.5 cents to $4.022

By Avery Vise on

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.

Avery Vise

Avery Vise is executive director, trucking research and analysis for Randall-Reilly Business Media and also serves as senior editor, industry analysis for Commercial Carrier Journal. Previously, he was editorial director of Randall-Reilly’s Fleet/Dealer/Aftermarket group and had served as chief editor of CCJ for 10 years. From 1985 to 1998, Vise worked for McGraw-Hill’s Aviation Week Group, covering Congress and the Department of Transportation for publications about the commercial aviation industry. He has received numerous awards from American Business Media and the American Society of Business Publication Editors for his coverage of the trucking industry. Vise is a graduate of Georgetown University in Washington, D.C., with degrees in government and history.

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