On-Highway Diesel Prices Ease Upward by a Tenth of a Cent
Diesel prices see a gain of one-tenth of a cent while regular-grade gasoline holds at last week's level. Crude oil prices are at their lowest in the past two weeks.
by Staff
June 30, 2014
2 min to read
The cost of on-highway diesel moved slightly higher over the past week, gaining one-tenth of a cent for a national average price of $3.920 per gallon. The Department of Energy's weekly pump price survey shows diesel's average price is now 10.3 cents higher than it was one year ago.
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Prices increased in all sections of the country except the East Coast as a whole, where it's down two-tenths of a cent from last week; the Lower Atlantic region, where it's down six-tenth of a cent, and the Midwest, where it's also six-tenths of a cent lower than last week.
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Increases were modest across the country, with the highest increase coming on the West Coast. Prices there rose two cents over last week.
Other than California ($4.138), New England had the highest prices at $4.107, followed by the Central Atlantic region and the West Coast at $4.073.
The Gulf Coast region reports the lowest average price at $3.816.
All regions are higher than their year-ago averages.
The average cost of regular grade gasoline held at $3.704 again this week, but it's 20.8 cents higher compared to the same week a year ago.
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Prices moved higher in all parts of the country except the Midwest and the Gulf Coast, where they fell 2.2 and 1.1 cents respectively from last week.
Prices range from a low of $3.483 in the Gulf Coast region to a high of $4.036 in the West Coast region.
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