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National on-highway diesel up 2 tenths of a penny

All except three of the Energy Information Administration’s (EIA) 10 reporting sectors showed higher diesel prices today over the week prior, most areas showing less than a penny increase. However, the Central Atlantic region was up 1.1 cents. (The Trucker file photo)

The Trucker News Services

12/23/2013

National, on-highway diesel prices Monday were up 2 tenths of a penny per gallon just before Christmas, not a welcome present in any trucker’s stocking.

All except three of the Energy Information Administration’s (EIA) 10 reporting sectors showed higher diesel prices today over the week prior, most areas showing less than a penny increase. However, the Central Atlantic region was up 1.1 cents.

Since Nov. 25, when diesel was up 2.2 cents, it has been down slightly — less than a penny — for the ensuing weeks. But as predicted by the EIA, diesel prices have taken an up-and-down route most of the year, no doubt making it hard for surcharges to follow rapidly enough to help carriers stay on top of fuel expenses.

The price of oil slipped Monday after gaining more than $2 last week, with benchmark U.S. oil for February delivery dropping 41 cents to close at $98.91. If oil prices lose enough ground for long enough, truckers will see diesel prices take another dive.

For details on diesel prices by region, click here.

The Trucker staff can be reached to comment on this article at editor@thetrucker.com.

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