In The News

Midwest sees 11 cent spike in diesel prices

By Kimberely Lennard, Land Line staff writer

The U.S. Energy Information Administration reports the national average price of diesel at $4.15 for the week ending Oct. 15, an increase of 5.6 cents over last week and 34.9 cents above the same week last year.

Prices in the Midwest region jumped 11 cents to $4.15 while the New England region saw a rise of 2.1 cents to $4.238. The highest diesel prices were reported in California at $4.437, with the lowest price per gallon in the Lower Atlantic region at $4.047.

The price of diesel as reported by EIA for each region is as follows:

U.S. – $4.15, up 5.6 cents East Coast – $4.128, up 3.1 cents New England – $4.238, up 2.1 cents Central Atlantic – $4.208, up 2.3 cents Lower Atlantic – $4.047, up 3.8 cents Midwest – $4.15, up 11 cents Gulf Coast – $4.022, up 2.3 cents Rocky Mountain – $4.268, up 7.4 cents West Coast – $4.346, up 2.7 cents West Coast less California – $4.238, up 3.1 cents California – $4.437, up 2.3 cents
ProMiles, which surveys diesel prices daily at 9,400 truck stops, reported diesel prices at $4.176 on Monday, with no change over the previous day, but 5 cents over this past Tuesday.

In separate energy news, midday trading in New York showed light sweet crude oil prices at $91.77, which is a decrease of 9 cents over Friday and 52 cents lower than last Tuesday’s trading. Light sweet crude is the type most commonly associated with diesel production.

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