The average national price for diesel fuel increased by 2.4 cents, marking the first uptick in the past four weeks, reaching $4.028 per gallon as per the latest data from the Energy Information Administration, released on March 18.
Key Points:
- Over the previous three weeks, the national average diesel price had declined by 10.5 cents after staying steady at $4.109 on February 19.
- Compared to a year ago, the current cost of a gallon of diesel is 15.7 cents lower.
- Among the regions surveyed by the EIA, the average diesel price rose in five regions and fell in the other five. The most significant increase occurred in the Gulf Coast, rising by 4.3 cents, while the largest decrease was observed in the Rocky Mountain area, dropping by 2.4 cents.
- Additionally, the average price for a gallon of gasoline increased by 7.7 cents to $3.453. This reflects an increase of 3.1 cents compared to the price at the same time in 2023.
