Diesel price heading upward as winter nears

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The national average retail price of a gallon of diesel increased 2 cents for the week ending Monday, Dec. 19, to $2.462. That’s 47 cents more than in the same week of 2004.

The average price for the week increased in every region tracked by the U.S. Department of Energy. The biggest increase, nearly a nickel, was in New England. The highest average diesel price was in New England at $2.647, the lowest in the Rockies at $2.41.

Diesel prices traditionally creep upward during the winter. Cold weather increases demand for heating oil, which in turn increases demand on the distillates from which both heating oil and diesel fuel are manufactured.

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