Diesel prices jump more than 3 cents leading up to Memorial Day

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Diesel fuel prices leading up to Memorial Day increased by 3.2 cents in the week ending May 29, according to the Department of Energy’s weekly report.

The increase was the first in a month-and-a-half, ending diesel’s 6-cent decline during the recent five-week period. The average price of a gallon of on-highway diesel is now $2.571.

Prices increased in all regions except New England, where prices fell by four-tenths of a cent. The most significant increase came in the Midwest region, where prices rose by 4.4 cents.

The nation’s highest prices can be found in California at $2.931 per gallon, followed by the Central Atlantic region at $2.751 per gallon.

The cheapest fuel can be found in the Gulf Coast region at $2.423 per gallon, followed by the Lower Atlantic region at $2.505 per gallon.

Prices in other regions, according to the DOE, are:

  • New England – $2.622
  • Midwest – $2.512
  • Rocky Mountain – $2.661
  • West Coast less California – $2.735

ProMiles’ numbers during the same week had diesel prices increasing by 4 cents to $2.531 per gallon nationwide.

According to ProMiles’ Fuel Surcharge Index, the most expensive diesel can be found in California at $2.925 per gallon, and the cheapest can be found in the Gulf Coast region at $2.426 per gallon.