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Diesel’s free fall in price from a week ago bungees back upward

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Diesel’s free fall in price from a week ago bungees back upward
After a double-digit drop in diesel prices, the national average bounced back up slightly.

Much like an afternoon at a trampoline park, what goes down, will eventually come up.

After a deep dive last week, it only took a week for diesel prices to bounce back to a 4-cent increase.

The national price per gallon climbed to $3.494 from $3.458 according to the Petroleum Administration for Defense District. Despite the increase, it is still less than the national price from two weeks ago before the sharp nosedive.

A couple of regions had increased more than the others. The Lower Atlantic rose more than five cents fro $3.432 to $3.487. Meanwhile the Gulf Coast rose from $3.13 to $3.19.

The California region was the only with a significant decline ticking down from $4.623 to $4.597.

Bruce Guthrie

Bruce Guthrie is an award-winning journalist who has lived in three states including Arkansas, Missouri and Georgia. During his nearly 20-year career, Bruce has served as managing editor and sports editor for numerous publications. He and his wife, Dana, who is also a journalist, are based in Carrollton, Georgia.

Avatar for Bruce Guthrie
Bruce Guthrie is an award-winning journalist who has lived in three states including Arkansas, Missouri and Georgia. During his nearly 20-year career, Bruce has served as managing editor and sports editor for numerous publications. He and his wife, Dana, who is also a journalist, are based in Carrollton, Georgia.
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