Diesel Price Reaches Four-Month High

The national average price for diesel fuel grew for the third straight week for the week of May 25, according to the U.S. Energy Information Administration, a 4.3-cents-a-gallon expansion that put the price at $2.274, its highest point since January. 

The increase means average diesel prices have grown nearly 26 cents, or 12.7 percent, since mid-March. Diesel fuel prices are still 52 percent below the price during the same period in 2008.

All regions tracked by the Energy Information Administration section of the Department of Energy showed price increases over the last week. The biggest increase was in the Midwest, where diesel increased 5.9 cents to $2.23 per gallon. Prices in the Central Atlantic states are the highest in the country, at $2.41 per gallon.

The average price on the West edged up to $2.384 a gallon, the highest point there since early December. 

Contact John Gallagher at jgallagher@joc.com.