U.S. diesel price climbs 4.3 cents, $2.904

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The national average retail price of a gallon of diesel increased for the third consecutive week, this time climbing 4.3 cents to $2.904 for the week ending Monday, March 8. The price, which has increased 14.8 cents since Feb. 15, is 85.9 cents higher than the same week last year, according to the U.S. Department of Energy.

All regions tracked by DOE saw price increases except for New England, which enjoyed a 0.3-cent decline to land at $3.015. Among the gainers, the biggest increase, 5.4 cents, was found on the Gulf Coast, where prices climbed to $2.873. The smallest increase, 2.4 cents, was found in the Central Atlantic, where prices climbed to $3.037, the nation’s most expensive diesel by region. The nation’s least expensive diesel by region, $2.871, was found in the Midwest, where prices climbed 4.6 cents.

California, which DOE tracks separately for its weekly update, saw a price increase of 3.4 cents to $3.057; that price is 98.2 cents higher than the same week last year.