Wednesday, January 17, 2018

Average on-highway diesel price drops nine-tenths of a cent


Monday, November 7, 2016
by THE TRUCKER NEWS SERVICES

The price for the week ending November 7 was 3.2 cents lower than one year ago. (The Trucker file photo)
The price for the week ending November 7 was 3.2 cents lower than one year ago. (The Trucker file photo)

WASHINGTON — The average on-highway price of a gallon of diesel declined nine-tenths of one cent to $2.47 for the week ending November 7, according to the Energy Information Administration of the Department of Energy.

The decline was only the third in the past seven weeks during which the price has increased from $2.382 to $2.47, the result of a increase of 9.2 cents a gallon during a two week period in mid-October.

The largest decline was in the Midwest region where the price dropped 1.8 cents, followed by California with a decline of 1.5 cents.

Only two regions showed an increase — the West Coast minus California at 1.8 cents and the Central Atlantic states at one-tenth of a penny.

The price for the week ending November 7 was 3.2 cents lower than one year ago.

For a complete list of prices by region for the past three weeks, click here.

 

Video Sponsors