EIA: U.S. Retail Diesel at New Record High of $6.529 Gal
9/22 9:48 AM
EIA: U.S. Retail Diesel at New Record High of $6.529 Gal
Barani Krishnan
DTN Refined Fuels Market Reporter
SECAUCUS, NJ (DTN) -- U.S. pump prices for diesel hit another all-time high
this week, surging 24.4cts to $6.529 a gallon, Energy Information
Administration (EIA) data showed Tuesday (9/22).
The retail price for diesel was already at a record high of $6.285 a gallon
during the week ended September 14, before the latest hike for the week ended
September 21 reset the milestone. Year-on-year, the price was up $2.78, the EIA
data showed.
Diesel's largest price increase in the latest week was in the Midwest, or
PADD 2 region, where the pump price jumped 43.0cts to $6.680 a gallon. This was
followed by New England, or PADD 1A, which rose 31.5cts to $6.517 a gallon.
The Rocky Mountain, or PADD 4, region gained 27.4cts to $6.34 a gallon. In
Central Atlantic, or PADD 1B, diesel advanced 23.4cts to $6.546 a gallon.
California recorded the highest diesel prices for any U.S. state, soaring
20.7cts on the week to $8.246 a gallon. The West Coast, or PADD 5, region
climbed 20.6cts to $7.456 a gallon.
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