U.S. diesel price jumps more than 6 cents, ties all-time high

The national average retail price of a gallon of diesel rose 6.3 cents to $3.157 for the week ending Monday, Oct. 29, up from $3.094 during the previous week. The new price, which ties the all-time mark, was 64 cents higher than the same week last year, according to the U.S. Department of Energy.

The average price — now above $3 for a record six consecutive weeks — matches the high mark set on Oct. 24, 2005, after hurricanes Katrina and Rita, according to DOE.

Prices increased in all regions tracked by DOE: The West Coast region had the most expensive price at $3.394, followed by the Rocky Mountain region at $3.281. The largest increase — 7.3 cents — was in the Lower Atlantic at $3.095. The East Coast and West Coast regions also saw 7-cent increases.

The nation’s least expensive diesel was in the Gulf Coast region, $3.062, but that price was 6.8 cents higher than the previous week’s $2.994.

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