National average price for on-highway diesel fuel in U.S. increased nearly US$0.07/gallon week-over-week to US$3.892/gallon for week ending Oct. 31: EIA
GRAIN VALLEY, Missouri
November 1, 2011
(Land Line Magazine)
– The national average price for on-highway diesel fuel increased nearly 7 cents per gallon during the past seven days. The U.S. Energy Information Administration reported the national average at $3.892 for the week ending Monday, Oct. 31, 2011.
Fuel has gone up about a dime in the past two weeks, and is currently 82.5 cents a gallon higher than it was a year ago according to the EIA.
The Midwest region made the largest gain for the week with the average climbing 8.4 cents to $3.866 per gallon.
The West Coast and California regions are averaging well above the $4 mark, at $4.107 and $4.163, respectively. The Gulf Coast region had the lowest average at $3.808 per gallon.
ProMiles reported the daily average Monday at $3.915, up 1.2 cents overnight. Ten individual states are reporting averages above the $4 mark with Connecticut topping the list at $4.229. The cheapest average by state, taxes included, is Virginia at $3.720 per gallon.
Oil prices remained just below $93 a barrel during midday trading Monday in New York, down about 45 cents from the opening bell.
Following are the weekly diesel averages by region as reported by the U.S. Energy Information Administration:
U.S. – $3.891, up 6.7 cents
East Coast – $3.886, up 5.4 cents
New England – $3.935, up 1 cent
Central Atlantic – $3.994, up 4.8 cents
Lower Atlantic – $3.836, up 6.1 cents
Midwest – $3.886, up 8.4 cents
Gulf Coast – $3.808, up 6.4 cents
Rocky Mountain – $3.959, up 5 cents
West Coast – $4.107, up 5.8 cents
California – $4.163, up 6.7 cents