In The News

Diesel prices reverse decline

After seven straight weeks of falling prices, diesel rose for the week ending today to $2.732 a gallon, about a half-cent higher than a week ago, according to the average tracked by the U.S. Department of Energy. The price is 41 cents higher than a year ago.

Average prices in regions tracked by DOE:
East Coast: $2.749. Midwest: $2.707. Gulf Coast: $2.689. Rocky Mountain: $2.728. West Coast: $2.841.
News reports indicate fuel prices will rise at least short-term due to forecasts of colder-than-normal weather, which drives up demand for heating oil.