Diesel prices climb for fifth straight week

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Diesel fuel prices for the week ending Monday, March 5, increased for the fifth straight week, the U.S. Department of Energy reported. The U.S. average climbed by 7.5 cents, topping out at $2.626, an 8-cent increase over the same week one year ago.

Every region saw a price increase; the largest price hikes were in the Rocky Mountain and Gulf Coast regions, with both seeing a 9-cent surge; the West Coast experienced the smallest increase, a half-cent.

The highest diesel prices were in the West Coast and New England regions; the West Coast averaged $2.795 and the New England region averaged $2.693. The nation’s lowest prices were in the Lower Atlantic and Gulf Coast regions, recording averages of $2.568 and $2.587, respectively.

Truckers in California continue to pay the nation’s highest prices for diesel, shelling out an average of $2.897 per gallon. However, that price was more than a penny cheaper than last week’s wallet-emptying $2.911.

For state-by-state diesel prices, updated daily, click here.