National Average Cost of Diesel, Gasoline Increasing

LONDON, ON — The average cost of diesel continues moving higher, hitting its highest level this week in nearly two months, according new figures released by petroleum information services provider The Kent Group.

Its 10 Canadian city average increased $0.012 this week from the week before to an average of $1.137 per liter.

Compared to the same week a year ago the price is $0.228 per liter less.

It currently ranges from a low of $0.984 in Regina to a high of $1.34 in Labrador City.

Meantime, the average cost of regular grade gasoline increased even more over the past week, $0.038, for $1.174 per liter, its highest price since last November.

Compared to this week a year ago the price is $0.194 less.

In the U.S. the average cost of on-highway diesel continues moving higher, with it recording its sixth straight weekly increase, according to the U.S. Energy Department.

It gained US$0.01 from last week to US$2.914 per gallon, its highest level in more than two months.

Over the past six weeks, the average diesel price has increased US$0.16 but is US$1.011 less than compared to this week in 2014.

Likewise, the average U.S. cost of regular grade gasoline continues increasing, up US$0.03 from last week, for a national average of US$2.774. This is the sixth straight weekly gain and the highest price since last December.

Despite the hike it remains US$0.90 less than compared to the same time last year.


Have your say


This is a moderated forum. Comments will no longer be published unless they are accompanied by a first and last name and a verifiable email address. (Today's Trucking will not publish or share the email address.) Profane language and content deemed to be libelous, racist, or threatening in nature will not be published under any circumstances.

*