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Diesel prices jump 3.6 cents in most recent week

Diesel prices continued their recent upward trend during the week ending Oct. 17 with a 3.6-cent rise, according to the Department of Energy’s weekly report.

The increase puts the average price in the U.S. for a gallon of on-highway diesel at $2.481, the highest price since mid-November 2015.

Prices increased in all regions, with the most significant increase coming in the West Coast less California region, where prices jumped 4.4 cents.

The nation’s most expensive diesel can be found in California at $2.828 per gallon, followed by the West Coast less California region at $2.635 per gallon.

The cheapest fuel can be found in the Gulf Coast region at $2.357 per gallon, followed by the Lower Atlantic region at $2.389 per gallon.

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

  • New England – $2.477
  • Central Atlantic – $2.579
  • Midwest – $2.458
  • Rocky Mountain – $2.546

ProMiles’ numbers during the same week show diesel prices rising 4.2 cents to $2.449 per gallon nationwide.

According to ProMiles’ Fuel Surcharge Index, the most expensive diesel can be found in California at $2.813 per gallon, and the cheapest can be found in the Gulf Coast region at $2.352 per gallon.

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Matt Cole is an Associate Editor for CCJ and Overdrive. Reach him at mattcole@randallreilly.com.