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Pump pressure * USA - Rising oil cost forcing diesel prices up
Washington,DC,USA -Fleet Owner, by Sean Kilcarr -Mar 4, 2010: -- The cost of diesel fuel is continuing a nearly month-long climb thanks to rising crude oil prices spurred on by increased global economic activity. The price of diesel in the U.S. moved up three cents to settle at $2.86 per gallon this week. That’s 77 cents above the same period a year ago – capping an 11-cent spike over the last three weeks, according to data compiled by the Energy Information Administration (EIA)... Diesel prices in the West Coast region jumped the most this week, climbing four cents to $2.96 per gallon, with the cost of diesel in California also moving up four cents, to $3.02 per gallon, the EIA said. In the East Coast, Midwest, and Gulf Coast regions, diesel prices went up about three cents to $2.90 per gallon, $2.83 per gallon, and $2.82 per gallon, respectively... The smallest increase took place in the Rocky Mountain region, the agency added, where the average cost for diesel went up about two cents to $2.85 per gallon...Labels: oil prices
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