U.S. diesel price jumps 8.8 cents

July 23, 2012

The national average retail diesel price jumped 8.8 cents — the largest increase since late February — to $3.783 a gallon during the week ended Monday, July 23, according to the U.S. Department of Energy’s Energy Information Administration. It’s the second largest increase since mid-November and the third largest in more than 15 months. Still, this week’s price is 16.6 cents below the same week last year.

Average retail prices rose in all regions, led by a 10.7-cent increase on the West Coast (except California). The most expensive diesel on average was $3.976 a gallon in California, while the least expensive diesel on average was $3.701 a gallon in the Rocky Mountain states.

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

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