U.S. diesel price sees first increase in a month

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The national average retail price of a gallon of diesel climbed 2.1 cents from last week to $3.280 for the week ending Monday, Feb. 4, according to the U.S. Department of Energy. This week’s price is 84.5 cents higher than the same week last year. The average price — which rose for the first time since Jan. 7 — now has been above $3 for a record 20 consecutive weeks.

Seven of eight regions tracked by DOE saw price increases. The largest increase, 2.9 cents, was in the Gulf Coast region, where prices soared to $3.247. The smallest increase, 0.6 cent, was in the Central Atlantic region, where prices trickled upward to $3.438.

The only decrease, 1.7 cents, was in the New England region, where prices fell to $3.566; that price, however, remained the nation’s most expensive by region. The nation’s cheapest diesel, $3.243, was in the Midwest region, where week-over-week prices increased 2.5 cents.

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