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National on-highway diesel drops by 2.4 cents

Diesel prices were inching up in recent weeks, but this week showed the lowest prices since Dec. 23, 2013, when it was $3.873 a gallon.

The Trucker News Services

1/13/2014

The National on-highway diesel prices dipped down by 2.4 cents from a week ago, leaving the price at $3.886 down from $3.910, according to the Energy Information Administration (EIA) of the U.S. Department of Energy.

Dropping was the theme of the week throughout the entire U.S., with all 10 reporting regions showing a price reduction from last week. Truckers in the West Coast (not including California) saw the biggest drop of 4.3 cents, making the price $3.891. The Gulf Coast had the lowest price for the week at $3.780, with the New England region drivers paying the highest at $4.107.   

Diesel prices were inching up in recent weeks, but this week showed the lowest prices since Dec. 23, 2013, when it was $3.873 a gallon.

Diesel typically follows oil at a slower pace. Today, the U.S. benchmark oil closed at $91.80 on the heels of the Iran nuclear program deal.

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

  

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JB Hunt