Diesel prices edge slightly higher to $3.438

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Diesel prices rose for the ninth straight week during the week ended Monday, Jan. 31, but the pace slowed as the national average retail price added only eight-tenths of a cent to $3.438 a gallon, according to the U.S. Department of Energy’s Energy Information Administration. Diesel prices are 65.7 cents higher than they were during the same week last year and are at their highest level since late October 2008, when prices were plunging from their all-time high that summer.

Prices rose in all regions, led once again by New England, which had the nation’s most expensive diesel for the third straight week. The smallest increase was two-tenths of a cent in the Gulf Coast region, where prices were the nation’s lowest.

Complete diesel price information is available on the EIA’s website.