U.S. average diesel fuel price jumps 9 cents in a week
September 23, 2019
•Land Line Staff
The average retail cost for a gallon of diesel in the U.S. increased more than 9 cents in the past week, according to the weekly report issued for Monday, Sept. 23, by the Energy Information Administration.
Steep increases were reported for all regions, ranging from 5.7 cents per gallon in New England to 11 cents per gallon in the Midwest region.
Despite the increase, the U.S. average diesel fuel price is 19 cents lower than one year ago.
Following are the average prices for diesel fuel by region as reported by the EIA for Monday:
- U.S. – $3.081, up 9.4 cents.
- East Coast – $3.083, up 8.5 cents.
- New England – $3.07, up 5.7 cents.
- Central Atlantic – $3.252, up 7.5 cents.
- Lower Atlantic – $2.971, up 9.7 cents.
- Midwest – $2.992, up 11 cents.
- Gulf Coast – $2.858, up 9.7 cents.
- Rocky Mountain – $3.034, up 7.5 cents.
- West Coast – $3.65, up 7.6 cents.
- West Coast without California – $3.238, up 7.7 cents.
- California – $3.976, up 7.5 cents.
The U.S. average price increase reported by ProMiles was 8.1 cents above last Monday’s report.
According to its report dated Monday, Sept. 23, regional price increases ranged from 3.2 cents per gallon in New England to more than a dime per gallon in California.
ProMiles, the software company that maintains the websites ProMiles.com and TruckMiles.com, offers its own weekly fuel price information. The company’s fuel price data are presented in the same format used by the EIA in the agency’s weekly reports. The prices include a national average as well as regional averages, and comparisons to the previous week and the previous year.
A key difference between the EIA and ProMiles reporting is the type and number of fueling stations the company surveys in order to calculate its averages. While EIA surveys 400 truck stops and convenience stores nationwide, ProMiles uses its direct feed from thousands of truck stops to develop its averages.
ProMiles notes that West Texas Intermediate benchmark prices have been fairly steady since last Monday’s jump to more $62 per barrel and Tuesday’s correction back below $60 per barrel after a weekend attack on Saudi oil facilities. Saudi Arabia already restored around 75% of production lost in the attack, ProMiles reports.
Following are the average diesel fuel prices by region as reported by the ProMiles.com:
- U.S. – $2.956, up 8.1 cents.
- East Coast – $3.037, up 7.6 cents.
- New England – $3.033, up 3.2 cents.
- Central Atlantic – $3.24, 7.6 cents.
- Lower Atlantic – $2.93, up 8.2 cents.
- Midwest – $2.908, up 8.5 cents.
- Rocky Mountain – $2.977, up 6.3 cents.
- West Coast – $3.486, up 9.9 cents.
- West Coast less California – $3.208, up 8.5 cents.
- California – $3.889, up 10.3 cents.
AAA reported a national average price per gallon for diesel fuel at $3.013 for Monday, Sept 23.
A week previous, the price was $2.925.
A month previous, AAA reported $2.942 per gallon of diesel fuel, and a year ago $3.186 per gallon.
The highest recorded average price for diesel was $4.845 per gallon on July 17, 2008, according to AAA.