EIA: U.S. Retail Diesel Averages Record High of $6.285 Gal
9/15 9:38 AM
EIA: U.S. Retail Diesel Averages Record High of $6.285 Gal
Barani Krishnan
DTN Refined Fuels Market Reporter
SECAUCUS, NJ (DTN) -- U.S. pump prices for diesel hit a new record high this
week, surging 31.8cts to $6.285 gallon, to surpass last week's historical peak,
Energy Information Administration (EIA) data showed Monday (9/15).
The national retail average for diesel stood $2.546 above year-ago levels,
the EIA data for the week ended September 14 showed. In the prior week to
September 7, the pump price averaged $5.967 gallon.
Diesel's largest price increase in the latest week was in the Lower
Atlantic, or PADD 1C region, where the pump price climbed 49.1cts to $6.096
gallon. This was followed by the East Coast, or PADD 1, region which rose
41.4cts to $6.158 gallon.
The Midwest, or PADD 2, gained 30.4cts to $6.250 gallon. In the Gulf Coast,
or PADD 3, diesel advanced 27.3cts to $6.027 gallon.
California recorded the highest diesel prices for any U.S. state, soaring
27.5cts on the week to $8.039 gallon. The West Coast, or PADD 5, region climbed
26.3cts to $7.250 gallon. The Rocky Mountain, or PADD 4, region rose 26.1cts to
$6.066 gallon.
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