February 25, 2013

By Greg Grisolano, Land Line staff writer

The nationwide average price for a gallon of diesel fuel crept up to $4.159, an increase of .002 cents per average over prices last week, according to the latest release from the U.S. Energy Information Administration.

Prices at the pump for diesel fuel have risen steadily nationwide since Jan. 14, when the average price was listed at $3.894, by the EIA. The latest data indicates prices are also up nearly 11 cents compared to prices at the pump one year ago. The last time diesel topped more than $4.15 was in 2008. The EIA price index is updated every Monday, except federal holidays.

The Rocky Mountain region remained the lowest nationwide at $4.057, despite the largest increase in average price of .025 cents. The Midwest region saw the largest decrease at .011 cents. California prices again ranked highest at $4.365.

The price of diesel as reported by EIA for each region is as follows:

U.S. – $4.159, up .002 cents
East Coast – $4.201, up .002 cents
New England – $4.344, up .010 cents
Central Atlantic – $4.262, up .008 cents
Lower Atlantic – $4.129, down .004 cents
Midwest – $4.121, down .011 cents
Gulf Coast – $4.089, up .021 cents
Rocky Mountain – $4.057, up .025 cents
West Coast – $4.299, down .004 cents
West Coast less California – $4.221, down .015 cents
California – $4.365, up .004 cents

ProMiles, which surveys diesel prices daily at 9,400 truck stops, reported diesel prices at $4.152, a decrease of .001 cents overnight.

Rhode Island drivers paid on average $4.639 at the pump on Monday, while diesel prices in Montana averaged $3.891, a difference of $0.748 per gallon.

The price of one barrel of light sweet crude oil futures for April delivery on the New York Mercantile Exchange closed at $93.11 on Monday. Light sweet crude is the type most commonly associated with diesel production.

 

I put a few gallons of regular gas in my mini van this morning, it too has gone up, but filling up the 38 gallon diesel truck this weekend may force me into bankruptcy.

 

Be sure to fill the truck using a credit card then...bankruptcy court will clear the debt for you !

 

yep. filled the wife's car a few days ago... $58.

Diesel has been ~$3.89. That's a c-note for a fill up, maybe.

 

Gas and diesel is going up. And who knows why. Gas around here has jumped $1.00 since January 1st, around $3.85 around here. Diesel is anywhere from $4.06 to $4.19.

 

We need to quit screwing around and build some new more efficient refineries. We are a net exporter of fuel and we are working with at a minimum 30 year old refineries. There is better technology available today than when these refineries were built that might help keep the down time to a minimum. Hence the rise in fuel prices.

 

Problem is, the tree huggers won't let them be built.

Without a doubt, you are aware of the boom here in TX. Between that and North Dakota, you would think prices would go down/level off.

 

Just try to build a new refinery with our "Dear One's" EPA...can you say Keystone pipeline? Here is a list of refineries built in the last 46 years.

 

Thanks Neal, I didn't realize we had that many newer refineries built. I just know that here on the gulf coast, I have not seen the thought of a new refinery.

 

Cant we just take over the middle east ?? We have enough troops over there..
They need to quit pu$$!footin around and just do it already!

Diesel .. $4.35 Detroit area . OUCH .. C-note wont even get me 3/4 EMPIRETC ! Ha

 

Didn't I hear Oboma say that the US started using their own oil to reduce the dependency on foreign oil last month? Yet the price still climbs. Next we'll hear record profits from the oil company's bean counters.

I fill my diesels up when it hits 3/4 tank...Keep the tank topped off. Not so much a heart attack when it comes to pay the bill. Rather see $45-50.00 then $135.00+ on the CC.

Filled up the gasser and it was $52.00!!

I got two horses and their feed is about as much as fuel.....$18.00 a bale (used to be $5.00 a bale) drought the farmers say. 2 bales a week...you get the picture. Besides can't ride them (horses) to the store anymore.....

It's all greed and a racket.....

Jeff

PS..One more tidbit....The Feds (IRS) say that a volunteer hr is worth $21.00 on the federal tax deduction yet the minimum wage is $7.75hr? Should be the other way around.....

 

The story on high prices was the price of crude! Well crude under a $100 a bbl but the price of fuel reaching all time high! Guess puts that BS story on the shelf! Now what can we dream up next ? Oh I know we don't have the refinerys!! Golly if we build new ones how can we keep screwing the folks at the pump!! Like shootin self in the foot!

Smokie

 

yep.... was at a 1/4 tank yesterday, cost $130 to fill up (4.49 a gallon)

 

never let it get that low. once it gets passed 1/2, it it time to fill up.

 

really? why is that? i know its bad to go to empty, but i figured at 1/4 or slightly above was fine