Diesel Keeps Rising
Fuel prices have climbed steadily the last four weeks and are now higher than they have been in over a year.
National Observations
- Nationally, fuel prices jumped over 5 cents/gallon last week. This is the largest weekly increase we have seen over the last four weeks.
- The current average of $3.812/gallon is the highest it has been in over a year. The annualized average is now over $3.61 per gallon.
Regional Trends
| Region | Last Week | Weekly Change | |
|---|---|---|---|
| 🗽 East Coast | $3.821 | +$0.028 | |
| 🌾 Midwest | $3.795 | +$0.062 | |
| 🌞 Gulf Coast | $3.476 | +$0.073 | |
| 🏔️ Rocky Mountain | $3.770 | +$0.057 | |
| 🌅 West Coast (not CA) | $4.176 | +$0.054 | |
| 🏄♀️ California | $4.963 | +$0.031 |
Regional Observations
- The biggest regional moves last week were in the Midwest and Gulf Coast. Diesel was up 6.2 cents/gallon and 7.3 cents/gallon in those areas respectively.
- The two coasts saw the smallest jumps. The East Coast was up 2.8 cents and California rose 3.1 cents.
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