U.S. Diesel Prices Are Back Above $5

The national average diesel price in the United States rose in the week to August 29 to above $5 per gallon again, the first weekly increase in more than two months, data from the Energy Information Administration (EIA) showed. For the week to August 29, the U.S. nationwide price of diesel jumped to $5.115 per gallon, up from $4.909/gal for the previous week.  Higher diesel prices, due to low inventories, are hurting the trucking and agricultural businesses and raising the prices of consumer goods.  Distillate fuel inventories, which…