Diesel prices climb for 6th week

A sixth consecutive increase in the price of diesel—albeit a slight one—means fuel prices continue to run at a level not seen the summer of 2015.
Jan. 10, 2017

A sixth consecutive increase in the price of diesel—albeit a slight one—means fuel prices continue to run at a level not seen the summer of 2015.

The average U.S. retail pump price for diesel climbed 1.1 cents in the Jan. 9 report by the Energy Information Administration (EIA), to $2.597 per gallon. That’s 42 cents higher than a year ago and the highest price since the Aug. 17, 2015 report.

Prices were up about 2 cents, on average, on the East Coast, coming in at $2.677 in New England, $2.813 in the Central Atlantic, and $2.526 in the Lower Atlantic.

The Midwest posted a gain of 0.7 cents ($2.547), and diesel was up 0.6 cents in the Rocky Mountains ($2.535).

On the West Coast, less California, diesel registered a 1.7-cent increase to $2.774. In California, the price rose 3.2 cents to $2.953, the highest price in the lower 48 states.

Diesel on the Gulf Coast actually slipped 0.3 cents to $2.448—still the lowest price for a gallon in the country.

The national average price for gasoline was also up 1.1 cents for the week, to $2.388. That’s 39.2 cents higher than last year.

About the Author

Kevin Jones

Editor

Kevin has served as editor-in-chief of Trailer/Body Builders magazine since 2017—just the third editor in the magazine’s 60 years. He is also editorial director for Endeavor Business Media’s Commercial Vehicle group, which includes FleetOwner, Bulk Transporter, Refrigerated Transporter, American Trucker, and Fleet Maintenance magazines and websites.

Working from Beaufort, S.C., Kevin has covered trucking and manufacturing for nearly 20 years. His writing and commentary about the trucking industry and, previously, business and government, has been recognized with numerous state, regional, and national journalism awards.

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