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Diesel Drops 1.7 Cents to $3.894 Per Gallon

Posted By Administration, Tuesday, January 15, 2013
Updated: Tuesday, August 27, 2013
Diesel prices per gallon declined 1.7 cents, the sevenths straight decline, the U.S. Department of Energy reported to NASSTRAC this week. Despite the dip, the main fuel in trucking is 4 cents higher than the same week last year. Meanwhile, gasoline increased slightly (by 0.4 cents) to $3.303 per gallon. Gas has gained nearly a nickel in four straight gains, yet its price this week is 8.8 cents below a year ago. Diesel has dropped 14 cents in seven straight declines since the last week in November, at which time it rose 5.8 cents. That was preceded by five drops totaling 17.4 cents, according to DOE statistics. For diesel this last week, the Midwest region saw the biggest drop, where it fell 3.6 cents to $3.834 per gallon. However, diesel prices rose in the New England region (by 1.5 cents to $4.168 per gallon) and in California (by 1.5 cents to $4.063).

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