Diesel prices rise for the first time since May

Diesel prices rise for the first time since May

The calendar summer has ended, and so has the summer-long decline in diesel prices.

The average U.S. retail pump price for diesel was up 2 cents in the Sept. 7 report by the Energy Information Administration (EIA), to $2.534 per gallon. That’s still running at fuel price levels last seen in 2009 and it’s $1.28 per gallon cheaper than this time last year.

Diesel prices increased in every region – with the exception of New England, which was down a cent to $2.663.

Even with the rising prices, all regions remain under the $3-per-gallon mark. The price was up just 0.2 cents in the Central Atlantic to $2.716, and 1.1 cents in the Lower Atlantic region to $2.489.

On the West Coast, not including California, diesel prices rose 2.6 cents to $2.59. In California, which has the highest price in the contiguous 48 states at $2.872 per gallon, the price climbed 2.1 cents.

Diesel was up 0.9 cents on Gulf Coast in to $2.385, the lowest in the country, while the price was up 4 cents in the Midwest, coming in at $2.483. The Rocky Mountain region posted a half-cent gain, to $2.567.

TAGS: News Business
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