Diesel prices indicate plateau

May 3, 2006
After five consecutive weeks of price hikes, the national average price for a gallon of diesel rose at a more modest level for the week ending April 30, up two cents to $2.896, according to the Energy Information Administration (EIA). A total of 33.1 cents has been added since a $2.565 average was posted for the week ending March 26.

After five consecutive weeks of price hikes, the national average price for a gallon of diesel rose at a more modest level for the week ending April 30, up two cents to $2.896, according to the Energy Information Administration (EIA). A total of 33.1 cents has been added since a $2.565 average was posted for the week ending March 26.

All regions posted a price hike except for the Lower Atlantic, where prices flat lined at $2.843. The cheapest region in which to purchase diesel was once again the Gulf Coast at $2.832 after a relatively low 1.5-cent increase. The Rocky Mountain region alone posted a double-digit jump, rising 10.9 cents to $3.012. California remained the most expensive region in which to fill up at $3.163 after a 6-cent hike.

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