Diesel reaches 51-week high

Sept. 17, 2002
The national average price at the pump for a gallon of diesel broke $1.40 yesterday, the first time it reached that level in 51 weeks, according to the U.S. Dept. of Energy. The department's Energy Information Administration said the national average hit $1.414, which is 1.8 cents higher than it was last week. Diesel prices soared to $1.473 last September 24 as the U.S. prepared for war in the Middle
The national average price at the pump for a gallon of diesel broke $1.40 yesterday, the first time it reached that level in 51 weeks, according to the U.S. Dept. of Energy.

The department's Energy Information Administration said the national average hit $1.414, which is 1.8 cents higher than it was last week. Diesel prices soared to $1.473 last September 24 as the U.S. prepared for war in the Middle East.

The price has jumped weekly since mid-August amidst rumors the U.S. will attack Iraq, which could disrupt oil flow.

Drivers in California are paying the highest price at $1.618, which is actually one-fifth of a penny less than they were paying last week. West Coast drivers pay the second-highest price at $1.557, nine-tenth of a cent higher than last week.

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Tim Parry

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