National on-highway diesel prices flat, same as last week at $3.886 a gallon
The good news is that diesel is down $2.30 a gallon from what it was a year ago nationally, and all of EIA’s 10 reporting sectors showed prices were down from a year ago as well. (The Trucker: APRILLE HANSON)
The Trucker Staff
The average price for a gallon of national on-highway diesel today is exactly the same as it was last week — $3.886 — the U.S. Energy Information Administration reported Monday afternoon.
Four of the EIA’s reporting regions (Central Atlantic, Midwest, Rocky Mountain and California) all went down in price from last week, while the East Coast, Lower Atlantic, Gulf Coast, West Coast and the West Coast less California regions, all went up in price — but not by large amounts. Of course fleets with hundreds or thousands of trucks will feel even the little increases in their pocketbooks.
The largest price increase this week was in the West Coast less California region, where diesel went up 1.5 cents, from $3.939 last week to $3.954 this week. By the same token, prices going down a penny or more can bring some relief. In the Rocky Mountain reporting sector prices went down 1.4 cents, from $3.889 last week to $3.875 this week.
Diesel prices follow oil prices after a lag time to account for production and delivery. Today oil fell below $100 a barrel for the first time since early July to close at $99.22. But it remains to be seen if it will stay down for any length of time or just continue bobbing up and down and bringing diesel prices along for the ride.
The good news is that diesel is down $2.30 a gallon from what it was a year ago nationally, and all of EIA’s 10 reporting sectors showed prices were down from a year ago as well.
For prices by region click here.
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