Diesel surges 8.2 cents to $4.104

By Avery Vise on

Continuing what seems to be the early stages of a surge, the national average retail diesel price rose 8.2 cents to $4.104 a gallon during the week ended Feb. 11, according to the U.S. Department of Energy’s Energy Information Administration. After dropping 25.6 cents in a run of 12 decreases in 13 weeks, the national average price is up 21 cents in the past four weeks. The average price is 16.1 cents higher than the same week last year.

Diesel prices rose in all regions, led by a 12-cent jump in the Rocky Mountain region, which, nevertheless, still has the nation’s cheapest diesel on average at $3.964. Only in the Rocky Mountain and Gulf Coastthe 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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