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Diesel prices still slipping, down 5.5 cents from week prior

National on-highway diesel hit a high of $4.159 on Feb. 25 but after that began a slow downward cycle that finally went below $4-a-gallon April 1.

The Trucker Staff

4/22/2013

In response to oil prices which have been slipping for the past several weeks, on-highway diesel prices continued their descent today down 5.5 cents to $3.887 compared with the $3.942 truckers were paying on average April 15.

That makes all of the Energy Information Administration’s reporting regions under the magic $4-a-gallon mark except for two  California and New England.

The California sector was hovering around $4-a-gallon, to $4.079 today, compared with $4.147 last week. Still, the area was down 6.8 cents. The West Coast less California sector was down 8.5 cents to $3.885, and the West Coast reporting sector was down 7.6 cents to $3.990 a gallon.

New England was even closer to the $4-a-gallon level, at $4.027, compared with $4.105 truckers were paying in that area the week prior.

National on-highway diesel hit a high of $4.159 on Feb. 25 but after that began a slow downward cycle that finally went below $4-a-gallon April 1.

All of the EIA’s reporting regions were down from a week ago, and all reported prices are less than they were at this time last year.

The national on-highway price is 19.8 cents lower than it was last year at this same time and the price today for the West Coast less California region is 41.4 cents less than it was in 2012. The West Coast region price today is 35.5 cents less than it was at this time a year ago.

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

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