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Diesel prices rise almost everywhere, mostly sharply out West

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Diesel prices rise almost everywhere, mostly sharply out West
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The average price for a gallon of diesel nationwide rose 1½ cents for the week ending April 8, to stand at $3.093 per gallon, according to the U.S. Energy Information Administration (EIA). With the weekly increase, diesel costs a nickel more than it did a year ago nationwide.

Diesel prices rose in every EIA region in the country with the exception of the New England region of the East Coast, which saw a tiny $0.003 drop in diesel, to finish at $3.193. Overall, the East Coast saw a 1 cent increase, with the Central Atlantic region keeping pace with the national average with a gain of 1½ cents, to stand at 3.324, widening its gap as having the highest diesel prices outside California. With a gain of $0.007, the Lower Atlantic region, at $2.998, is one of three regions where the price of diesel is still below $3 per gallon, along with the Midwest, at $2.993 after an increase of $0.009; and the Gulf Coast, which stands a national-low $2.879 after a increase of $0.007.

Last week, the price of diesel only went up in western portion of the country. Although the increases were coast-to-coast this week, those same western regions were hit noticeably harder. The price increase was steepest in California, where the price for a gallon of diesel went up 6.1 cents, to $3.910. The rest of the West Coast saw an increase of $0.036, to round out the increase along the entire West Coast to 5 cents and an overall average price of $3.591 per gallon.

In the Rocky Mountain region, the price of diesel climbed 2.1 cents, and stands at $3.028.

California not only has the highest diesel prices in the country, but it also has the highest increase over a year ago, a 19.3 cents difference.

The surrounding West Coast and Rocky Mountain regions are currently the only two regions in which the price of diesel is lower than a year ago/

Crude oil prices rose Monday. Brent crude, the international benchmark for oil, rose by 93 cents, to $65.50 a barrel, while U.S. crude ended Monday’s session up 87 cents, at $55.28.

Click here for a complete list of average prices by region for the past three weeks.

 

The Trucker News Staff

The Trucker News Staff produces engaging content for not only TheTrucker.com, but also The Trucker Newspaper, which has been serving the trucking industry for more than 30 years. With a focus on drivers, the Trucker News Staff aims to provide relevant, objective content pertaining to the trucking segment of the transportation industry. The Trucker News Staff is based in Little Rock, Arkansas.

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The Trucker News Staff produces engaging content for not only TheTrucker.com, but also The Trucker Newspaper, which has been serving the trucking industry for more than 30 years. With a focus on drivers, the Trucker News Staff aims to provide relevant, objective content pertaining to the trucking segment of the transportation industry. The Trucker News Staff is based in Little Rock, Arkansas.
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