Rigzone takes a look at where diesel prices are heading. Average diesel prices in the U.S. are rising, the AAA gas prices website shows. As of October 19, national average diesel prices are $5.32 per gallon, according to the AAA site, which outlines that yesterday’s average was $5.30 per gallon, the week ago average was $5.16 per gallon, the month ago average was $4.95 per gallon, and the year ago average was $3.55 per gallon. The U.S. Energy Information Administration’s (EIA) latest fuel update, which was released this week, also shows an increasing diesel price pattern. According to the update, U.S. on-highway diesel fuel prices were $4.83 per gallon on October 3, $5.22 per gallon on October 10, and $5.33 per gallon on October 17. The latest price is up $1.66 per gallon from a year ago, the EIA update highlights. The EIA’s latest short term energy outlook (STEO) […]