Wednesday, January 17, 2018 8:35:39 AM
The U.S. average retail price of diesel rose 3.2 cents to $3.028, its highest price in three years, while the cost of crude slipped below $64 a barrel.
Diesel now costs 44.3 cents more than it did a year ago, when it was $2.585 a gallon, the Department of Energy said Jan. 16, reporting the day after Martin Luther King Jr. Day, a U.S. holiday.
The price of trucking’s main fuel rose in all regions, with six of them reporting an average price over $3 a gallon, and four others noting the price stayed below $3.
Prices were highest in California at $3.641.
The last time the average diesel price broke above $3 was Jan. 12, 2015, when it was $3.053.
At the same time, the U.S. average price for regular gasoline climbed 3.5 cents to $2.557 a gallon, and was 19.9 cents higher than it was a year ago, DOE’s Energy Information Administration said.
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