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On-highway diesel drops 1.3 cents to $3.896 a gallon

Truckers traveling through the Gulf Coast saw the biggest drop this week, down 1.7 cents from the previous week to make it $3.824.

The Trucker Staff

8/12/2013

The price tag for on-highway diesel dipped by 1.3 cents, dropping it today to $3.896 compared to last week’s price of $3.909, according to the Energy Information Administration (EIA) of the U.S. Department of Energy.

All 10 reporting regions showed a drop from a week ago and nine showed a drop from a year ago. For the New England reporting sector, diesel is up by 3.4 cents from last year.

Truckers traveling through the Gulf Coast saw the biggest drop this week, down 1.7 cents from the previous week to make it $3.824. The Rocky Mountain region saw the smallest drop, only 0.1 cents, bringing this week to $3.930.

On July 22, diesel hit its highest point at $3.903 since April 15, when it was pegged at $3.942.

Since July 22, it has steadily decreased, following oil at a slower pace.

U.S. benchmark oil closed today at $106.11 a barrel for September, a gain of 14 cents, according to an Associated Press article.

For more details on specific prices by reporting region, click here.

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

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