U.S. diesel price soars 10 cents

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Updated Nov 15, 2011

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After a slight decline last week following three weeks of increases, the U.S. average price of a gallon of diesel resumed its climbing ways, soaring 10 cents to $3.987 during the week ended Monday, Nov. 7, according to the U.S. Department of Energy’s Energy Information Administration. That price is 80.3 cents higher than the same week last year.

Prices in all regions tracked by DOE saw increases, led by a 12.4-cent jump in the Lower Atlantic, where prices climbed to $3.987. The smallest increase was 5.7 cents in California, where prices climbed to $4.27, still the nation’s most expensive diesel. The nation’s least expensive diesel was in the Gulf Coast region, where the average price nonetheless rose 8.6 cents to $3.882.

Complete diesel price information is available on EIA’s Website.