EIA: U.S. Retail Diesel Average Up 3.5cts to 9-Week High

SECAUCUS, NJ (DTN) – U.S. pump prices for diesel climbed 3.5cts to $5.348 gallon during the week ended August 3, Energy Information Administration data showed Tuesday (8/4).

The national average for diesel now stands $1.548 above year-ago levels, virtually matching the week ended June 1, when it averaged $5.35 gallon.

The Rocky Mountain region posted the largest weekly gain nationwide, surging 14.4cts to $5.285 gallon, up $1.492 from year-ago levels.

West Coast less California and the Midwest witnessed the second- and third-largest regional gains in diesel prices, climbing 7.8cts and 6.6cts to settle at $5.623 gallon and $5.262 gallon, respectively.

In contrast, the East Coast registered the largest drop, declining 5.5cts to $5.299 gallon.  Lower Atlantic registered the only other regional decline, with a slide of 8.7cts to $5.168 gallon.