US Diesel Average Gains 4.3¢; Gas Up, Too
The U.S. average for retail diesel fuel rose for a third straight week, hitting $2.854 per gallon after a 4.3-cent jump May 4, the Department of Energy reported.
After falling to its lowest level since 2009 — $2.754 on April 13 — trucking’s main fuel has added 10 cents a gallon over three weeks.
A year ago the national diesel average was $3.964 — the highest price over the past 12 months.
All major areas within the country saw price increases, said DOE’s Energy Information Administration.
California has the highest fuel average at $3.227 a gallon, followed by the central Atlantic states at $3.133.
The least expensive region is the Midwest at $2.715 a gallon, followed by the Gulf Coast at $2.751.
EIA also reported the national gasoline average shot up 9.4 cents a gallon May 4 to $2.664.
As with diesel, it was the third straight weekly increase. Gas has gained 25.6 cents over three weeks.
The lowest price for gas over the past 12 months was $2.044 on Jan. 26, according to EIA figures.