Diesel Prices Continue to Increase

The first full week of 2017 ushered in the highest diesel fuel prices seen across the United States since August 2015.

The average price of a gallon of on-highway diesel in the U.S. is now $2.597 for the week ending Jan. 9, up 1.1 cents over the previous week and 4.2 cents higher than the same week in 2016, according to the Department of Energy’s weekly report.

Prices increased in all regions during the week except for the Gulf Coast region, which saw a three-tenths of a cent drop. The most significant increase came in the Central Atlantic region, where prices rose 3.7 cents. This follows a jump of 8.9 cents in the region the previous week.

The most expensive diesel can be found in California at $2.953 per gallon, followed by the Central Atlantic region at $2.813 per gallon.

The cheapest fuel can be found in the Gulf Coast region at $2.448 per gallon, followed by the Lower Atlantic region at $2.526 per gallon.

Prices in other regions, according to the DOE, are:

New England – $2.677
Midwest – $2.547
Rocky Mountain – $2.541
West Coast less California – $2.774

ProMiles’ numbers during the same week also show diesel prices increasing by 1.2 cents to $2.553 per gallon nationwide.

According to ProMiles’ Fuel Surcharge Index, the most expensive diesel can be found in California at $2.91 per gallon, and the cheapest can be found in the Gulf

Coast region at $2.458 per gallon.

SOURCE:  CCJ

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