The national average price of on-highway diesel rose for a second consecutive week last week, breaking a 7 week string of depreciating prices before that. According to the Department of Energy’s Energy Information Administration, drivers will now have to pay $3.92 per gallon. Compared to the same week last year, prices have gone up by 10.3 cents.
The biggest increase in on-highway diesel was detected in the West Coast (excluding California), where prices jumped by 2.1 cents. California suffered a 1.9-cent gain.
California remains the state with the most expensive diesel–$4.128 a gallon. The cheapest diesel can be found in the Gulf Coast where drivers must only pay $3.816 a gallon.
Find out more at Overdriveonline.com.
Category: Fuel Bonds