U.S. diesel price climbs for second consecutive week

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Updated Jan 24, 2012

Diesel Prices1

The U.S. average diesel price climbed for the second consecutive week following six consecutive weeks of declining prices. For the week ended Monday, Jan. 16, the price rose 2.6 cents to $3.854, according to the U.S. Department of Energy’s Energy Information Administration. The latest price is 44.7 cents higher than the same week last year.

All regions tracked by DOE saw climbing prices except for the Rocky Mountains, where prices fell 2.0 cents to $3.823. Elsewhere, the largest increase was 4.7 cents in New England, where prices climbed to $4.076. The smallest increase, 0.5 cent, was found in California, where prices rose to $4.116, the nation’s most expensive diesel. The nation’s least expensive diesel, $3.746, was found in the Midwest, where prices climbed 2.9 cents.

DOE’s report was delayed one day because of the Martin Luther King Jr. Day holiday. Complete diesel price information is available on EIA’s Website.