Saturday, April 21, 2018

Diesel down slightly in all but one area Monday; national average at $2.901 a gallon


Monday, December 18, 2017
by DOROTHY COX/The Trucker Staff

Diesel prices are up 37.4 cents a gallon from what they were at this same time last year. (The Trucker file photo)
Diesel prices are up 37.4 cents a gallon from what they were at this same time last year. (The Trucker file photo)

Except for one hold-out area (New England) and one that stayed the same (lower Atlantic), eight of the Energy Information Administration’s (EIA) 10 reporting regions Monday saw slight down-ticks in the price of on-highway diesel, with the national average ringing up at $2.901, nine tenths of a penny down from last week’s $2.910 a gallon.

Four EIA reporting regions are past the $3-a-gallon mark, with California already halfway toward $4 a gallon at $3.552 a gallon Monday compared with $3.560 the week ended December 11.

The Rocky Mountain sector went down the most — 3.3 cents a gallon — to $2.958 compared with $2.991 the week before.

In the West Coast less California EIA region truckers were paying $3.044 a gallon for on-highway diesel compared with $3.072 last week.

In the Gulf Coast area truckers were paying the least — $2.697 a gallon compared with $2.705 the week of December 11.

Diesel prices are up 37.4 cents a gallon from what they were at this same time last year.

Benchmark U.S. crude declined 14 cents to $57.16 a barrel in New York Monday. Brent crude, used to price international oils, gained 18 cents to $63.41 a barrel in London, The Associated Press reported.

Wholesale gasoline rose 2 cents to $1.67 a gallon. Heating oil picked up 2 cents to $1.93 a gallon. Natural gas jumped 13 cents, or 5.1 percent, to $2.75 per 1,000 cubic feet.

For more details on diesel prices reported by EIA, click here.

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