Diesel prices up again, but again not by much

For the second week, diesel prices have risen less than a penny, meaning the cost for a gallon stays about where it’s been since the beginning of the year.
Feb. 22, 2017

For the second week, diesel prices have risen less than a penny, meaning the cost for a gallon stays about where it’s been since the beginning of the year.

The average U.S. retail pump price for diesel climbed 0.7 cents in the Feb. 20 report by the Energy Information Administration (EIA), to $2.572 per gallon. That’s 1.4 cents cheaper than the Jan. 2 report, but 58.9 cents higher than this time last year.

Prices rose in every region except for New England, which posted a drop of a penny ($2.658),

Otherwise prices on the East Coast about broke even, coming in at $2.77 in the Central Atlantic, and $2.521 in the Lower Atlantic.

On the West Coast, less California, diesel registered a 0.6-cent increase to $2.767. In California, the price rose 0.9 cents to $2.966, the highest price in the lower 48 states.

Diesel was up 2.6 cents in the Rocky Mountains ($2.548), while the price for a gallon in the Midwest rose 0.8 cents ($2.495) On the Gulf Coast diesel climbed 0.9 cents to $2.424—still the lowest price for a gallon in the country.

The national average price for gasoline was down a half-cent for the week, to $2.302. That’s 57.2 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.

Sign up for our free eNewsletters

Voice Your Opinion!

To join the conversation, and become an exclusive member of FleetOwner, create an account today!