In The News

Diesel Begins the Year on an Upswing

The national average price of a gallon of diesel was up again this week, rising 3.7 cents from last week. Diesel is 53.4 cents higher today that it was a year ago, according to the Energy Information Administration of the Department of Energy. The previous high was on Oct. 20, 2008, when diesel hit $3.482.

Oil has been hovering just above the $90-mark for much of the past week, leading analysts to suggest $100-per-barrel isn't far off.

Weekly Retail On-Highway Diesel Prices Jan. 3 2011:
U.S. 3.331 up from last week 0.037 up from last year 0.534
East Coast 3.357 up from last week 0.044 up from last year 0.530
New England 3.427 up from last week 0.021 up from last year 0.492
Central Atlantic 3.470 up from last week 0.042 up from last year 0.538
Lower Atlantic 3.303 up from last week 0.047 up from last year 0.531
Midwest 3.303 up from last week 0.025 up from last year 0.532
Gulf Coast 3.279 up from last week 0.053 up from last year 0.529
Rocky Mountain 3.332 up from last week 0.021 up from last year 0.586
West Coast 3.443 up from last week 0.038 up from last year 0.535
California 3.507 up from last week 0.037 up from last year 0.548

More info: DOE Weekly Retail On-Highway Diesel Prices

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