Diesel prices are on the rise again. In the beginning of May, diesel gas rose to an average $2.26 a gallon. That is the highest week to week increase that has occurred since March and the highest diesel prices have been since December 2015. The Midwest saw their gas price increase 7.6 cents a gallon, which was the most significant upsurge, but prices rose across the country, with an average increase of 6.8 cents per gallon.
In the beginning of the month, California was at $3.58 a gallon and the most expensive state to fill your tank. The cheapest diesel is on the Gulf Coast, with an average price of $2.12 a gallon. According to ProMiles’ Fuel Surcharge Index, the first full week of May say a 7.4 cent increase over the previous week’s numbers, so the price of diesel isn’t expected to decrease any time soon. What is the cost of diesel in other areas? Well here are some other prices:
- Central Atlantic region is at $2.40
- Lower Atlantic region is at $2.23
- Rocky Mountain region is at $2.26
- New England region is at $2.33
There are many costs you can’t control but your trucking insurance isn’t one of them. Contact the experts at Alexander & Alexander to determine the best insurance rates for your commercial fleet.