Diesel prices continue to climb

Diesel prices continue to climb

For the eighth consecutive week, diesel prices are continuing to climb, pushing the cost of a gallon to a six-month high.

The average U.S. retail pump price for diesel was up 2.5 cents in the May 30 report by the Energy Information Administration (EIA), to $2.382 per gallon. That’s still 53 cents per gallon cheaper than this time last year.

Diesel prices increased in every region, led by the West Coast (not including California), which was up 6.3 cents to $2.565. In California, which has the highest price in the contiguous 48 states at $2.718 per gallon, the price climbed 4.5 cents.

The price was up just 1.4 cents in the Lower Atlantic ($2.322), although it climbed 4.1 cents in the Central Atlantic region to $2.505, and 31 cents in New England ($2.442).

Diesel was up 2.1 cents on Gulf Coast in to $2.254, the lowest in the country, while the price was up 1.7 cents in the Midwest, coming in at $2.342. The Rocky Mountain region posted a 1.7-cent gain, to $2.375.

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