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Diesel down 3.6 cents to $3.851

The federal Energy Department’s Energy Information Administration reported a national price of $3.85, down 3.6 cents Monday compared with the $3.887 truckers were averaging nationwide last week.

The Trucker Staff

4/29/2013

National on-highway diesel was down more than 3 and a half cents Monday, following the downward direction oil has taken until the last several days or so.

The federal Energy Department’s Energy Information Administration reported a national price of $3.85, down 3.6 cents Monday compared with the $3.887 truckers were averaging nationwide last week.

All reporting regions showed decreases from the week before, with the West Coast less California down 5.2 cents followed by the Central Atlantic region (down 4.8 cents) and the Gulf Coast sector (down 4.5 cents).

That makes every reporting area below the $4-a-gallon mark except for California, where diesel went down 3.2 cents Monday to $4.047 compared with $4.079 last week.

Last year national on-highway diesel skyrocketed to $4.15, the highest price for 2012.

This year, national diesel prices have hit a high so far of $4.159 on Feb. 25 but after that began a slow downward cycle that finally went below the $4 mark April 1 and kept on going.

National prices are 22.2 cents lower now than what they were at this time in 2012.

To see prices in all reporting regions of the EIA, click here.

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

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