EIA: U.S. Diesel Prices Up 8th Consecutive Week


   
Barani Krishnan
DTN Refined Fuels Market Reporter

   SECAUCUS, NJ (DTN) -- The U.S. Energy Information Administration reported 
Tuesday (3/31) that retail diesel prices rose for an eighth consecutive week, 
climbing 2.6 cents during the week ended March 30 to average $5.401 gallon.

   The national average is up $1.809 compared with the same time last year. 
Retail prices continue to be pushed higher across several regions as global 
distillate markets remain tight amid ongoing geopolitical risks.

   East Coast diesel prices rose 5.5cts to $5.535 gallon. Compared with the 
same time last year, this PADD 1 region showed a $1.840 gallon increase.

   New England diesel prices rose 6.6cts to $5.825 gallon. This PADD 1A region 
climbed $1.842 versus the same period last year.

   The Central Atlantic witnessed a 20.5cts rise on the week. Prices in the 
PADD 1B region averaged $5.834 gallon, climbing $1.965 compared with the 
previous year.

   Diesel prices in the Lower Atlantic averaged $5.394 gallon. This PADD 1C 
region reflects a 0.1ct decrease on the week and $1.793 gallon rise from the 
same time last year.

   In the Midwest, diesel prices fell 5.5cts on the week. The PADD 2 region 
averaged $5.105 gallon, which was $1.586 gallon higher than levels seen a year 
earlier.

   On the Gulf Coast, diesel dropped 2.9cts on the week to $5.105 gallon. 
Compared with the prior year, prices in PADD 3 were up $1.823 gallon.

   Rocky Mountain diesel saw a 9.6cts increase on the week to $5.270 gallon. 
The PADD 4 region posted a $1.798 gallon increase versus the same time last 
year.

   West Coast diesel prices rose 28.6cts on the week to average $6.596 gallon. 
Compared with the previous year, the PADD 5 region advanced by $2.337 gallon.

   West Coast less California diesel climbed 23.0cts on a weekly basis to 
$6.056 gallon. This represented a $2.245 gallon increase from the same time 
last year.

   California diesel itself rose 34.9cts on the week to $7.219 gallon. Prices 
in the state remain the highest in the nation, sitting $2.443 gallon above 
levels seen at the same time last year.

    

    




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