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National on-highway diesel prices up slightly to $4.021 a gallon

Cold weather that won’t go away has meant an upsurge in the need for home heating oil, driving the price of oil up, and tensions in oil-rich countries also have boosted prices.

The Trucker News Services

3/10/2014

National on-highway diesel prices took a slight tick upwards — five tenths of a cent — to $4.021 Monday compared with $4.016 on March 3, the Energy Information Administration of the U.S. Energy Department reported.

Four out the EIA’s 10 reporting sectors showed lower prices than the week prior: New England, Central Atlantic, Midwest and California. But unfortunately, eight sectors (counting the national average) made it to $4 a gallon or higher.

Only the Lower Atlantic region at $3.974, the Gulf Coast at $3.814 a gallon and the West Coast less California, were still below the $4-a-gallon mark.

Diesel has followed oil’s erratic trajectory, and sometimes will seesaw up and down in a day’s time.

Cold weather that won’t go away has meant an upsurge in the need for home heating oil, driving the price of oil up, and tensions in oil-rich countries also have boosted prices.

On the other hand, healthier economic figures and better-than-expected reserves have made oil prices trend downwards.

For more details on diesel prices across the country click here.

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

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