U.S. average diesel price jumps 6.7 cents

Diesel 10 31 11The U.S. average price of a gallon of diesel increased for the third straight week, rising 6.7 cents to $3.892 during the week ended Monday, Oct. 31, according to the U.S. Department of Energy’s Energy Information Administration. That price is 82.5 cents higher than the same week last year.

Prices rose in every region, led by a 8.4-cent jump in the Midwest. The smallest increase was 1 cent in New England, although the severe and unusual winter weather in the region this past weekend could send heating oil prices — and diesel prices with it — higher. The nation’s most expensive diesel is still that in California, where diesel prices rose 6.7 cents to $4.163. The nation’s least expensive diesel, as usual, was in the Gulf Coast region, where the average price rose 6.3 cents to $3.808.

Complete diesel price information is available on EIA’s Website.

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