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3/9/2010

Diesel spikes another 4.3 cents to $2.904

Diesel fuel prices are on the rise for the third straight week. The national average price for diesel is up another 4.3 cents per gallon from a week ago to average $2.904 per gallon on Monday, March 8.

According to the U.S. Energy Information Administration’s latest report, diesel prices are about 85.9 cents per gallon higher than a year ago when diesel was selling for around $2.045 per gallon.

Eight of the nine regions of the country are reporting increases at the pump this past week. Four regions are reporting fuel prices above the $3 mark compared to a week ago. The New England region is the only one reporting a slight decrease of three-tenths of a cent to average $3.015 per gallon from a week ago.

The California region is reporting the highest diesel prices at $3.057 per gallon, an increase of 3.4 cents per gallon from a week ago, while the Midwest region is reporting the lowest prices for fuel at $2.870 per gallon.

Below are the regional price averages for ULSD reported by the Department of Energy. To see a map of the states in each of the listed regions, click here.

East Coast: $2.936 New England: $3.015 Central Atlantic: $3.037 Lower Atlantic: $2.882 Midwest: $2.870 Gulf Coast: $2.873 Rocky Mountain: $2.890 West Coast: $3.003 California: $3.057

Source: Land Line Magazine


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