Trucking news and briefs for Wednesday, Aug. 31, 2022:
Following nine consecutive weeks of decreases that saw diesel prices fall an average of 90 cents nationwide, the U.S.’ national average for a gallon of on-highway diesel jumped by 20.6 cents during the week ending Aug. 29, according to the Department of Energy’s Energy Information Administration.
Diesel’s national average is now back above $5 at $5.12 per gallon.
The increase was seen across the country with all regions seeing a rise in prices, but the most dramatic increase was observed in the Midwest, which is home to BP’s Whiting, Indiana, refinery that has been shut down since Aug. 24 due to a fire.
Prices increased by 28.2 cents in the Midwest – the largest increase across the country – followed by a 20.2-cent increase in the Gulf Coast region.
The U.S.’ most expensive diesel can be found in California at $6.20 per gallon, followed by the West Coast less California at $5.30 per gallon.
The cheapest fuel is in the Gulf Coast region at $4.82 per gallon, followed by the Rocky Mountain region at $4.97 per gallon.
