U.S. diesel price soars 13.1 cents to $2.221

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The national average retail price of a gallon of diesel climbed for the second consecutive week, soaring 13.1 cents to $2.221 for the week ending Monday, March 30. Still, this week’s price is $1.743 less than the same week last year, according to the U.S. Department of Energy.

Prior to last week, the U.S. average price had fallen 33 of the previous 35 weeks after hitting a record high of $4.764 on July 14; 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. The largest increase by region, 14.3 cents, was found on the Gulf Coast, where week-over-week prices climbed to $2.203. The smallest increase by region, 2.1 cents, was found in New England, where week-over-week prices climbed to $2.424, the nation’s most expensive diesel by region. The nation’s least expensive diesel by region, $2.146, was found in the Rocky Mountains, where week-over-week prices climbed 11.0 cents.

California, which DOE tracks separately for its weekly update, saw a price increase of 16.8 cents to $2.297; still, that price is $1.815 cheaper than last year. For state-by-state diesel prices, updated daily, click here.