EIA: U.S. Retail Diesel Average Up 3.5cts to 9-Week High


   
Barani Krishnan
DTN Refined Fuels Market Reporter

   SECAUCUS, NJ (DTN) -- U.S. pump prices for diesel climbed 3.5cts to $5.348 
gallon during the week ended August 3, Energy Information Administration data 
showed Tuesday (8/4).

   The national average for diesel now stands $1.548 above year-ago levels, 
virtually matching the week ended June 1, when it averaged $5.35 gallon.

   The Rocky Mountain region posted the largest weekly gain nationwide, surging 
14.4cts to $5.285 gallon, up $1.492 from year-ago levels.

   West Coast less California and the Midwest witnessed the second- and 
third-largest regional gains in diesel prices, climbing 7.8cts and 6.6cts to 
settle at $5.623 gallon and $5.262 gallon, respectively.

   In contrast, the East Coast registered the largest drop, declining 5.5cts to 
$5.299 gallon.  Lower Atlantic registered the only other regional decline, with 
a slide of 8.7cts to $5.168 gallon.




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