Sponsored By:

   The Nation  |  Business  |  Equipment  |  Features


Diesel down 4.2 cents to $4.085, now lower than a year ago

The Midwest region saw the biggest decrease, down 4.7 cents per gallon to a national low of $3.974, while the price fell 4.5 cents to $3.993 on the Gulf Coast.

The Trucker Staff

4/23/2012

WASHINGTON — The average price for a gallon of diesel has dropped 4.2 cents for the third decline in four weeks, bringing the cost of fuel to the lowest level since the end of February.

Officially, the nationwide retail on-highway price for a gallon of diesel came in at $4.085, according to the April 23 report by the Energy Information Administration of the Department of Energy.

The decline was the largest since a 6.6 cent drop last December, and diesel is now 1.3 cents cheaper than it was a year ago.

____________________________________________________________________________________________________________________

ADVERTISEMENT

THE RECENT INCREASE IN FREIGHT VOLUME MEANS NEW JOB OPPORTUNITIES ON GOTRUCKERS.COM. CLICK HERE FOR MORE DETAILS.

_____________________________________________________________________________________________________________________

The Midwest region saw the biggest decrease, down 4.7 cents per gallon to a national low of $3.974, while the price fell 4.5 cents to $3.993 on the Gulf Coast.

The West Coast still had the highest regional price at $4.345, and that includes California, where the state premium brought the average cost of a gallon of diesel there to $4.384.

For a complete record of the last three weeks by region, click here.

Kevin Jones of The Trucker staff can be reached for comment at kevinj@thetrucker.com.

Find more news and analysis from The Trucker, and share your thoughts, on Facebook.

Amer. Truckers Legal