U.S. diesel price climbs 7.3 cents to $2.09

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After falling 33 of the previous 35 weeks, the national average retail price of a gallon of diesel climbed 7.3 cents to $2.09 for the week ending Monday, March 23. Still, this week’s price is $1.899 less than the same week last year, according to the U.S. Department of Energy.

Prior to this week, the U.S. average price had fallen $2.747 after hitting a record high of $4.764 on July 14. Since then, the only increases happened Sept. 29, when the price climbed one-tenth of a cent; and Jan. 12, when the price climbed 2.3 cents.

All regions tracked by DOE saw price increases except for the New England, which was unchanged at $2.403; however, that price was the nation’s most expensive diesel. The largest increase by region, 8.7 cents, was found on the Gulf Coast, where week-over-week prices climbed to $2.06. The smallest increase by region, 4.8 cents, was found in the Rocky Mountains, where week-over-week prices climbed to $2.036, the nation’s least expensive diesel by region.

California, which DOE tracks separately for its weekly update, saw a price increase of 8.0 cents to $2.129; still, that price is $1.990 cheaper than last year. For state-by-state diesel prices, updated daily, click here.