Average diesel price above $4 again

August 20, 2012

The national average retail diesel price rose 6.1 cents to $4.026 a gallon during the week ended Aug. 20, according to the U.S. Department of Energy’s Energy Information Administration. It was the seventh straight increase for diesel prices, which are now above $4 on average nationwide for the first time since mid-May. The average price is 21.6 cents a gallon above the same week last year.

Prices rose in all regions, led by the 10.6-cent jump on the West Coast excluding California. Close behind were increases of 10.4 cents in the Rocky Mountain states and 10.2 cents on the entire West Coast. California, saw had the next highest increase at 9.8 cents, had the nation’s most expensive diesel on average at $4.313. The smallest increase was 4.3 cents in the Lower Atlantic region, which is one of only two regions where the average diesel price remains under $4. The nation’s least expensive diesel was $3.911 in the Gulf Coast region.

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

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