EIA: U.S. Retail Diesel Climbs 2.3cts on Week


   
Miguel E. Andujar
DTN Refined Fuels Market Reporter

   DAVENPORT, FL (DTN) -- The U.S. Energy Information Administration reported 
Wednesday (2/18) that retail diesel prices rose 2.3cts during the week to 
February 16 to average $3.711 gallon, while climbing 3.4cts on the year.

   Diesel prices have continued their rally from the weather-driven demand of 
late January, broadening gains across several regions through mid-February.

   East Coast diesel prices rose 0.7cts to $3.763 gallon. For the year, this 
PADD 1 region showed a 2.8cts decline.

   New England diesel prices slid 2.1cts to $4.215 gallon while climbing 
19.4cts on the year.

   In the latest week, the biggest diesel weekly appreciation was in the Rocky 
Mountain area. This PADD 4 region had a 6.8cts rise on the week and 9.7cts 
climb on the year to average at $3.607 gallon.

   Diesel prices in the Central Atlantic (PADD 1B) region witnessed a 0.9cts 
rise on the week and 5.0cts climb on the year to average at $4.03 gallon.

   In the Lower Atlantic area, diesel was at $3.612 gallon. The PADD 1C region 
was up 0.7cts on the week while remaining 8.4cts below levels from the prior 
year.

   In the Midwest (PADD 2) region, diesel prices rose 2.8cts on the week and 
6.2cts on the year to average at $3.664 gallon.

   In the Gulf Coast, diesel increased 3.5cts on the week to $3.412 gallon. For 
the year, this PADD 3 region climbed 3.0cts.

   West Coast diesel saw a 0.7cts increase on the week to $4.383 gallon. For 
the year, the PADD 5 witnessed a surge of 6.7cts.

   West Coast less California diesel edged up 0.1cts on a weekly basis to $3.97 
gallon, while climbing 10.7cts on the year.

   California diesel itself rose 1.5cts on the week and 2.1cts on the year to 
$4.86 gallon.

    




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