Diesel Prices Jump 4.5 Cents

On Monday national diesel prices rose in all regions across the country, upping the average by 4.5 cents over the week earlier to $1.72 per gallon. This figure is only 5 cents shy of setting a new record high since the Energy Information Administration began its survey in ’94.

California continues its tradition of having the most volatile diesel prices, with a 9.8-cent increase to $2.26 per gallon. The cheapest diesel can be found in the Lower Atlantic region at $1.62 per gallon. The most stable prices this week were in the New England region, posting less than a tenth of a cent increase.

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This marks the sixth straight week of increases, with the national average price rising 10.7 cents since March 15.

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Nov. 2008

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