Diesel Prices Jump for a Second Consecutive Week

Photo credit: Rigmarole / Foter / Creative Commons Attribution-NonCommercial-ShareAlike 2.0 Generic (CC BY-NC-SA 2.0)

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.

Eric is the Chief Marketing Officer of JW Surety Bonds. With years of experience in the surety industry, he is also a contributing author to the surety bond blog. He has held a range of different roles within the surety industry, from agent assistant to bond issuer, which gives him a unique insider perspective on surety related topics.

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