Tax Advice


Sponsored By:

   The Nation  |  Business  |  Equipment  |  Features


On-highway diesel down 0.6 cents from week prior

All the reporting regions of the U.S. Department of Energy’s Energy Information Administration (EIA) today were below the $4-a-gallon mark except for California, which was barely there at $4.001 compared with $4.047 the week prior. That was down 4.6 cents.

The Trucker Staff

5/6/2013

On-highway diesel prices Monday were down for the 9th week in a row since March 4 (when it was $4.13), but only by 0.6 cents a gallon to $3.845 compared with $3.851 the week of April 29.

April 1 was the first time national on-highway diesel went below $4 a gallon this year.

All the reporting regions of the U.S. Department of Energy’s Energy Information Administration (EIA) today were below the $4-a-gallon mark except for California, which was barely there at $4.001 compared with $4.047 the week prior. That was down 4.6 cents.

Only one reporting sector, the Midwest, showed an increase in diesel prices. In that region truckers were paying 2.9 cents more per gallon of diesel at $3.868, compared with the $3.839 a gallon they were paying the week before.

Still, national on-highway diesel was 21.2 cents lower today than this same time a year ago. And in the West Coast less California sector, diesel was down 39.6 cents from what it was this same time last year.

In 2012, $4.15 a gallon was the highest national diesel prices hit all year.

With oil starting to climb on better economic news and recent Mideast tensions, this could be the last time the national diesel price will drop for awhile, although experts have said to expect price gyrations for most of 2013.

For details on prices in other reporting regions, click here.

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

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

Seven Oaks