Diesel prices continue month-long spike

This week, diesel prices continued their month-long spike, while gas prices dropped. According to data released by the U.S. Energy Information Administration on July 21, the national average on-highway diesel price rose 5 cents to $3.812. Gas prices dropped 1 cent to $3.121.

What are the current diesel prices across the U.S.?

Here are this week’s diesel price highlights from each region of the U.S.:

• Gulf Coast: The biggest increase in diesel prices this week was off the Gulf Coast for 7 cents to $3.476.
• Midwest: Diesel prices rose 6 cents to $3.795 in the Midwest.
• Rocky Mountain: In the Rockies, diesel prices rose 6 cents to $3.770.
• West Coast: Off the West Coast, diesel prices rose 4 cents to $4.542. Without including California, diesel prices rose 5 cents to $4.176.
• East Coast: Off the East Coast, diesel prices rose 3 cents to $3.821.

According to AAA Motor Club, the current national diesel price average is $3.730. This is 8 cents lower than the EIA’s current estimate and $1 lower than this time last year.

See also: Diesel, gas prices creep up as summer stretches on

What are the current gasoline prices across the U.S.?

The current national average on-highway gasoline price is $3.121, according to the EIA, 1 cent lower than last week’s average. 

Here are this week’s gasoline price highlights from each region of the U.S.:

• Midwest: The biggest decrease in gas prices this week was seen in the Midwest for 5 cents to $2.986.
• West Coast: Off the West Coast, gas prices fell 2 cents to $4.022. Without including California, gas prices fell 2 cents to $3.765. 
• Gulf Coast: Off the Gulf Coast, gas prices rose 0.1 cents to $2.739. 
• Rocky Mountain: In the Rockies, gas prices rose 1 cent to $3.137.
• East Coast: Off the East Coast, gas prices rose 2 cents to $3.006.

According to AAA, the current national gasoline price average is $3.144. This is 2 cents higher than the EIA’s current estimate and 36 cents lower than this time last year. 

A recent press release from AAA stated, “Pump prices have dipped to match the summer of 2021, the last time seasonal gas prices were this low. Meanwhile, a low-pressure system off the Gulf Coast has the potential—albeit low—to strengthen, and it’s something to watch as it moves westward. This time of year, tropical activity can have an effect on gas prices if there’s damage to refineries or if local flooding affects gasoline distribution or demand.”