Analysts’ predictions that diesel prices could spike during the first part of 2012 are panning out. In just the past week, the national average price for on-highway diesel jumped 9 cents to $4.05 per gallon according to the U.S. Energy Information Administration on Monday, Feb. 27.

Prices on the West Coast and especially California shot up 15 to 17 cents a gallon during the past seven days. Most of the rest of the country experienced increases ranging from 6 to 10 cents for the week according to the EIA.

Following is a breakdown of the prices and increases for the week as listed by the EIA:

U.S. – $4.051, up 9.1 cents
East Coast – $4.134, up 8.1 cents
New England – $4.221, up 6 cents
Central Atlantic – $4.208, up 6.6 cents
Lower Atlantic – $4.063, 9.7 cents
Midwest – $3.914, up 6.6 cents
Gulf Coast – $3.992, up 10.6 cents
Rocky Mountain – $3.919, up 6.2 cents
West Coast – $4.326, up 16.2 cents
California – $4.410, up 15.2 cents

As Land Line reported Friday, analysts have foreseen the diesel price spike during the first part of the year but are not predicting that prices will break the record highs experienced in 2008.

ProMiles, which tracks daily price averages nationally and by state, reported its average at $4.056 per gallon, up nine-tenths of a cent overnight.

More than half of the individual states are now northward of $4, according to ProMiles. The cheapest diesel in the nation including taxes was Wyoming at $3.832.

Rhode Island’s average jumped 3 cents overnight to $4.449 per gallon, the highest in the nation for the day. Connecticut wasn’t far behind at $4.407.

Meanwhile, crude oil was trading at $107.64 in New York at midday, and that was down more than $2 from the opening bell.


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Filled up both trucks yesterday @ $3.85/gal, it was painful.

 

First time, in what, 8yrs, DIESEL is lower then regular gas... $4.46 here in Smellsomemore...(elsinore)

 

It is 4.53 here today and is still higher than even the premium gas. I filled up when it dipped down a little to 4.43 so I felt like I got a deal!

 

Wow...Gasoline is $3.49 here right now, I filled all the gas burners up too. Feel like I made a mortgage payment.

 

I get 17mpg city with 3.55 gears and 5900lb curb weight out my racing van....but if it gets over $4 a gal by me...someones gettin a fat lip

 

The worst part about all this is that we have not entered hurricane season yet. without a doubt, prices will be horrendous over the summer.

We will probably see a decrease in prices approaching Nov 4.

 

Sounds about right, just in time for it to spike again because it's cold in the Northeast. There's always an excuse.

 

And let's just hope Iran doesn't spread anymore BS to worry the market again. Bet they are laughing their asses off.

 

All of the reasons and excuses for fuel price increases are geopolitical BS. The big oil companies are capitalistic. Their only goal is to maximize profits.

 

Your complaining at $3.85/gal.?? I would kill for that for me its up around $4.35/gal

 

I just paid $4.16 in Lancaster Pa.

I am only getting 14-15 mpg guess I better break open my piggy bank.

 

The only ones to blame for this are the liberals in government. Oh, and those that vote them in office. The new "Green" is the old "Red"

Drake

 

If you pay attention to politics this all returns back to reganomics. Ronald Reagans de regulating everything is what lead to the oil comps. ripping us off along with the housing crash (deregulating the banks and mortgage companies they started giving loans to anyone even if they could not pay) then the republicans gave the banks our hard earnd taxes free and clear. or maybe you forgot their slogan "too big to fail"

now back to topic. usually it is 3.90 in town but next town over has a petro and several truck stops. fuel out there runs 30 cents less so it is well worth the trip then went to fill this weak and all the stations in town and out where 3.99. I love my truck but cant wait to break out my honda shadow at 50mpg

 

Your horribly misinformed. But with those beliefs, I suspect you aren't open to relearning history as it really was. In other words, the truth. There's as much logic in what you've just written here as there is in Obama's political ideology. So how's that hope and change workin out for ya?