Eight-Week Streak Ends With Diesel Average Rising 2¢

Most Regions Still See Decline Though; Gas Climbs 6.3¢
Fuel pumps at a filling station
Diesel remains below $4 a gallon in four of EIA's 10 regions. (Thinkstock)

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A spike in prices in the eastern half of the U.S. led to the first weekly national diesel average increase in nine weeks, with a two-cent spurt to $3.914 a gallon, according to Energy Information Administration data through Dec. 25.

The halt to eight consecutive weeks of a national decline came even though the price fell in six regions while increasing in four.

Highlights

  • Trucking’s main fuel lurched upward by 8.6 cents a gallon in the Lower Atlantic, by 5.3 cents in the East Coast and by 3.9 cents in the Gulf Coast.
  • The biggest price drop was seen in California, where the average price slipped 2.9 cents to $5.202 a gallon. That’s the only region where diesel remains above $5 a gallon.
  • The national average is still 62.3 cents a gallon more affordable than a year ago.
  • Gasoline jumped in seven of the 10 regions as well as at the national level, increasing 6.3 cents a gallon to $3.116. 
Image
Diesel prices table for 12-26-23

Source: EIA.gov



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