Diesel skyrockets to record high

The average price for a gallon of diesel nationally increased 5 cents to $2.244 per gallon last week, according to the Energy Information Administration (EIA) -- the highest average since EIA began its survey in 1994.

California pump prices increased the most -- 6.4 cents to average $2.482, making it the most expensive region in the country. All regions experienced an increase, but the West Coast had the smallest (2.9 cents to $2.471).

The EIA anticipates that the growing demand for petroleum worldwide will keep diesel above $2 throughout the remainder of 2005.

Hide comments


  • Allowed HTML tags: <em> <strong> <blockquote> <br> <p>

Plain text

  • No HTML tags allowed.
  • Web page addresses and e-mail addresses turn into links automatically.
  • Lines and paragraphs break automatically.