Diesel Fuel Prices
February 28, 2017 Diesel Fuel No Comments

Diesel fuel prices Feb. 27 stay flat

U.S. diesel prices climb for the third week straight, but rate fluctuation continues to have relatively little variance, with cost per gallon up less than two cents since the beginning of the month.

The countrywide average of on-highway diesel fuel prices Feb. 27 rose to $2.577, up just half of a cent from last week, as the Energy Information Administration reported in their Gasoline and Diesel Fuel Update.

The West Coast is the most expensive region to buy diesel, although this week’s gain was less than the rest of the country, only up one-tenth of a cent to $2.877.

California is the most expensive state to purchase fuel from, even though it was the only area that saw diesel drop.  Price per gallon rang in at $2.962, four-tenths of a cent less than last week.

The Central Atlantic and West Coast less California tied for second costliest region to buy fuel.  Price per gallon came in at $2.772, up two-tenths of a cent in the Central Atlantic.

West Coast less California had a half a cent increase, which made it the region with the highest inflation rate from this time last year.  Diesel fuel prices Feb. 27 are 71.8 cents from the $2.054 per gallon recorded on February 29th, 2016.

The highest price increase this week came from the Rocky Mountain region, climbing almost three and a half cents to $2.582.

The cheapest diesel can be found in the Gulf Coast region, which had no change this week and remains $2.433 per gallon.

The EIA lists prices in all the other regions of the nation as the following:

  • East Coast – $2.635, up .007
  • New England – $2.658, with no change
  • Lower Atlantic – $2.533, up .012 cents
  • Midwest – $2.499, up .004 cents

 

To find out how this week’s diesel fuel prices compare to the rest of February, see the reports from February 20th, February 13th, and February 6th.

DeSpir Logistics
Written by DeSpir Logistics