In The News

Upward price trend resumes for diesel

The national average price for on-highway diesel has been inching upward for the past four weeks following a series of decreases that lasted nearly two months. The average was at $3.949 for the week ending Monday, July 25, up more than 2.5 cents according to the U.S. Energy Information Administration.

 Regional averages were up across the board for the week according to the EIA, and up about a dime from late June.

Here are the EIA’s averages for the week:

U.S. – $3.949, up 2.6 cents
East Coast – $3.988, up 2.5 cents
New England – $4.037, up three-tenths of a cent
Central Atlantic – $4.090, up 2.4 cents
Lower Atlantic – $3.940, up 2.8 cents
Midwest – $3.925, up 2.2 cents
Gulf Coast – $3.913, up 3.1 cents
Rocky Mountain – $3.848, up 2.1 cents
West Coast – $4.038, up 3.3 cents
California – $4.145, up 3.1 cents

ProMiles reported a daily average on Monday of $3.948, up eight-tenths of a cent from Friday. Most states saw a slight increase over the weekend. New York and Connecticut are carrying the torch for highest tax-included price in the nation around $4.25 per gallon. Montana had the cheapest tax-included price at $3.794 a gallon.

In oil news, crude was trading at just over $99 a barrel at midday Monday on the New York Mercantile Exchange. That was down about 75 cents from the opening bell.

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