Westport Fuel Systems Inc (WPRT)

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Latest fuel report

The U.S. average retail price of diesel inched up 0.7 cent to $3.243 a gallon while oil prices were flat.

It was the second consecutive increase in the price of diesel, and the fuel has risen 2.7 cents a gallon in the period.

Trucking’s main fuel costs 76.2 cents a gallon more than it did a year ago, when the price was $2.481, the Department of Energy said July 9.

Regional average diesel prices rose in all areas except the West Coast less California, down 0.4 cent a gallon, and in New England, down 0.3 cent.

The national average price for regular gasoline rose 1.3 cents to $2.857 a gallon, DOE’s Energy Information Administration said. The average is 56 cents higher than it was a year ago.

Average gasoline prices regionally were higher everywhere except the Rocky Mountain area, down 0.2 cent a gallon, and on the West Coast less California, down 0.5 cent.

Crude oil futures on the New York Mercantile Exchange closed July 9 at $73.72 per barrel compared with $73.79 on July 2.