By Truck Parts & Service Staff
The national average retail price of a gallon of diesel climbed for the second consecutive week, soaring 10.5 cents to $2.705 for the week ending Monday, Oct. 19. The price is the highest recorded since last Nov. 17, when it was $2.809 during its descent from last year’s record-high prices.
Still, the price – which had fallen 9.2 cents over a five-week period prior to last week’s relatively small 1.8-cent increase – is 77.7 cents less than the same week last year, according to the U.S. Department of Energy (DOE).
All regions tracked by DOE saw price increases. The biggest increase, 11.4 cents, was found on the Gulf Coast, where prices climbed to $2.644, still the nation’s least expensive diesel by region. The smallest increase, 5.4 cents, was found in the Rocky Mountains, where prices climbed to $2.704. The nation’s most expensive diesel by region, $2.831, was found in the Central Atlantic, where prices climbed 10.8 cents.
California, which DOE tracks separately for its weekly update, saw a price increase of 8.3 cents to $2.874; that price is 58.6 cents cheaper than last year.
