U.S. diesel and gas prices rise after winter storm

As the U.S. deals with the aftermath of a winter storm, diesel and gas prices have risen again. The national average on-highway diesel price jumped 9 cents to $3.624, according to data released by the U.S. Energy Information Administration (EIA) on January 27. Gas prices rose 5 cents to $2.853. 

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.:

• Midwest: The biggest regional increase in diesel prices this week was 13 cents, to $3.579, in the Midwest.
• Rocky Mountain: In the Rockies, diesel prices rose 12 cents to $3.367.
• West Coast: Along the West Coast, diesel prices rose 11 cents to $4.301. Without including California, diesel prices rose 16 cents to $3.944.
• Gulf Coast: Along the Gulf Coast, diesel prices rose 8 cents to $3.325.
• East Coast: Along the East Coast, diesel prices rose 4 cents to $3.694.

According to AAA Motor Club (AAA), the current national diesel price average is $3.593. This is 3 cents lower than EIA’s current estimate and 8 cents lower than this time last year.

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

The current national average on-highway gasoline price is $2.853, according to EIA, 5 cents higher than last week’s average. 

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

• Gulf Coast: The biggest increase in gasoline prices this week occurred along the Gulf Coast for 6 cents to $2.455.
• West Coast: Along the West Coast, gas prices rose 5 cents to $3.705. Without including California, gas prices rose 2 cents to $3.313.
• Midwest: In the Midwest, gas prices rose 5 cents to $2.693.
• Rocky Mountain: In the Rockies, gas prices rose 4 cents to $2.536.
• East Coast: Along the East Coast, gas prices rose 4 cents to $2.801.

According to AAA, the current national gasoline price average is $2.888. This is 4 cents higher than EIA’s current estimate and 23 cents lower than this time last year. 

In a recent press release, AAA said: “As winter weather grips much of the nation and fewer drivers hit the road, gas prices remain low with the national average at $2.85. Gasoline demand is lowest during this time of year, keeping the price of crude oil in the high $50, low $60 range. Demand begins to ramp up toward the end of February and early March as the weather starts getting milder, and travelers take Spring Break trips.”