The national average retail price of a gallon of diesel increased for the fifth consecutive week, climbing 1.6 cents to $2.668 for the week ending Monday, Aug. 24. The price – which has climbed 17.2 cents since July 20 – is the highest recorded this year, but is still $1.477 less than the same week last year, according to the U.S. Department of Energy (DOE).
All regions tracked by the DOE saw price increases. The largest increase by region, 4.1 cents, was found on the West Coast, where week-over-week prices climbed to $2.785, the nation’s most expensive diesel by region. The smallest increase by region, 0.2 cents, was found in New England, where week-over-week prices climbed to $2.741. The nation’s least expensive diesel by region, $2.622, was found on the Gulf Coast, where prices climbed 1.5 cents.
California, which the DOE tracks separately for its weekly update, saw a price increase of 0.8 cents to $2.880; still, that price is $1.479 cheaper than last year.
