EIA: U.S. Retail Diesel Steady on Wk, at $3.688 Gallon
2/10 10:42 AM
EIA: U.S. Retail Diesel Steady on Wk, at $3.688 Gallon
Barani Krishnan
DTN Refined Fuels Market Reporter
SECAUCUS, NJ (DTN) -- The U.S. Energy Information Administration reported
Tuesday (2/10) that retail diesel prices rose a nominal 0.7cts during the week
to February 9 to average $3.688 gallon, while remaining 2.3cts down on the year.
Diesel prices have trended higher in recent weeks, gathering momentum after
the late January Winter Storm Fern that sharply boosted heating demand from the
Midwest to Northeast.
East Coast diesel prices slid 0.7cts to $3.756 gallon. For the year, this
PADD 1 region showed a 0.5cts decline.
New England diesel prices rose 0.1cts to $4.236 gallon while rising 26.6cts
on the week. In the prior week, this PADD 1A region recorded the biggest diesel
price after Storm Fern, surging 21.6cts on the week.
In the latest week, the biggest diesel weekly appreciation was in the Rocky
Mountain area. This PADD 4 region had a 12cts rise on the week and 1.1cts climb
on the year to average at $3.539 gallon.
Diesel prices in the Central Atlantic(PADD 1B), region witnessed a 3.3cts
rise on the week and 4.7cts climb on the year to average at $4.021 gallon.
In the Central Atlantic area, diesel was at $3.605 gallon. The PADD IC
region was down 2.3cts on the week and 5.6cts on the year.
In the Midwest (PADD2) region, diesel prices slid 0.2cts on the week and
1.6cts on the year to average at $3.377 gallon.
In the Gulf Coast, diesel eased 0.2cts on the week to $3.377 gallon. For the
year, this PADD 3 region slid 1.6cts on the year.
West Coast diesel saw a 0.1cts decline on the week to $4.376 gallon. For the
year, the PADD 5 witnessed a surge of 6.9cts.
West Coast less California diesel slid 1.3cts on a weekly basis to $3.969
gallon, while climbing 8.6cts on the year.
California diesel itself rose 1.5cts on the week and 4.9cts on the year to
$4.845 gallon.
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