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Retail prices for diesel are projected to average $2.22 per gallon for 2016 before rising to $2.58 per gallon in 2017, EIA noted.
In 2001 the EIA estimated that the new standards for ultra low-sulfur diesel fuel would require refiners to invest from $6.3 billion to $9.3 billion, and they would increase highway diesel fuel prices by 6.5 to 10.7 cents per gallon between 2007 and 2011.