Westport Fuel Systems Inc (WPRT)

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The latest fuel update for 01/08

The U.S. average retail price for diesel jumped 2.3 cents to $2.996 cents a gallon, while crude hovered near $62 a barrel amid political tensions in Iran and a decline in active U.S. oil wells.

Diesel costs 39.9 cents more than it did a year ago, when it was $2.597 a gallon, the Department of Energy reported Jan. 8.

Average regional prices for trucking’s main fuel rose in all areas except the Rocky Mountain region, where the price dipped 0.7 cent to $2.974.

Prices rose past $3 per gallon in the East Coast, Central Atlantic, West Coast and California regions.

The U.S. average price for regular gasoline rose 0.2 cent to $2.522 a gallon, DOE’s Energy Information Administration said.

Weekly average gasoline prices climbed in all regions except the Lower Atlantic and Midwest, EIA said.