Diesel fuel’s price reaches its latest two-year high
Dec 15, 2010 11:40 AM
The average retail price of diesel fuel nationwide rose to its latest two-year high—the third time it has done so in the past month—climbing 3.4 cents to $3.231 a gallon, according to US Department of Energy information.
Diesel is at its highest since the $3.288 average of October 27, 2008, when it was coming off the historic highs of that summer. Trucking’s main fuel is now 48.3 cents higher than the same week in 2009.
Prices on the East Coast gained 4.2 cents to $3.248, including a 5.8-cent increase for New England and 4.3 cents for the Lower Atlantic. The West Coast increased 4 cents to $3.361. The Gulf Coast was up 3.1 cents to $3.163, and California jumped 5.1 cents to $3.403, the most expensive.
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