Wednesday, December 13, 2017

Average price of diesel up 1.4 cents to $2.962


Monday, November 27, 2017
by THE TRUCKER STAFF

The average price for the week ending November 27 is 50.6 cents a gallon higher than the comparable week one year ago. (The Trucker file photo)
The average price for the week ending November 27 is 50.6 cents a gallon higher than the comparable week one year ago. (The Trucker file photo)

WASHINGTON —The on-highway price of a gallon of diesel continues to creep toward the $3 mark.

The Energy Information Administration of the Department of Energy reported Monday that for the week ending November 27, the average price was up 1.4 cents to $2.926.

The last time the price was at the $3 level was for the week ending January 12, 2015, when the price was $3.05, but that price was part of a decline that started in early 2014 and ended with the price dropping below $2 a gallon in February 2016 before it reversed track and headed back up.

The price for the week ending November 27 is 50.6 cents a gallon higher than the comparable week one year ago.

All geographic regions of the country increased.

The largest increases were in the Gulf Coast and Rocky Mountain states where the price went up 2.3 cents a gallon.

The State of California posted the only decline at two-tenths of a penny.

For a complete list of prices by region for the past three weeks, click here.

 

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