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Diesel Prices Surpass $4 Mark

WASHINGTON, D.C. --- The U.S. average price for diesel shot up 10.4 cents to reach $4.059 per gallon, surpassing $4 per gallon for the first time in history, the Energy Department reported April 16.

by Staff
April 20, 2008
1 min to read


WASHINGTON, D.C. --- The U.S. average price for diesel shot up 10.4 cents to reach $4.059 per gallon, surpassing $4 per gallon for the first time in history, the Energy Department reported April 16. 

The average price was up $1.182 over the price last year, according to the department's Energy Information Administration (EIA).

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Diesel prices increased sharply in all regions of the country. The average diesel price for the East Coast jumped 11.2 cents to $4.117 per gallon. In the Midwest, the price increased 9.6 cents to $4.013 per gallon.

The price in the Gulf Coast shot up 10.6 cents to reach $4 even, the lowest price of any region. The increase in the Rocky Mountain region of 6.5 cents was the smallest increase of any region. The price there of $4.039 per gallon was $1.058 higher than a year earlier, the EIA reported.

On the West Coast, the average diesel price moved up 12.4 cents to $4.176 per gallon. That's $1.220 above the price last year. The average price in California shot up 11.6 cents to reach $4.234 per gallon.



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