Average diesel price climbs 4 cents

user-gravatar

The national average retail price of a gallon of diesel rose 4 cents, to $2.276, for the week ending on June 13. This national average is 56.5 cents higher than the national average price in June 2004, which was $1.711.

The average diesel price increased in all eight regions measured by the U.S. Department of Energy. The highest increase was 5.6 cents in the Central Atlantic region; the lowest increase was in the Rocky Mountain region at 1.9 cents.

The average price was highest in California at $2.46 per gallon and lowest in the Rocky Mountain region at $2.19 per gallon.

The on-highway diesel prices are collected every Monday by phone or fax from a sample of about 350 retail diesel outlets. The data represents the price of No. 2 diesel fuel with a sulfur level no higher than .05 percent by weight, except for those states exempt from the EPA’s low sulfur requirements for on-highway diesel fuel.

The Short-term Energy Outlook, released on the Energy Information Administration’s Web site on June 7, projects the summer average for retail diesel prices to be $2.22 per gallon. It also projects monthly average diesel prices to remain above regular gasoline prices through 2006.

For state-by-state diesel prices, updated daily, visit http://www.etrucker.com/apps/promiles/fuelprices.asp.