Wednesday, January 17, 2018

Diesel prices decline slightly in about half of EIA regions


Monday, September 25, 2017
by DOROTHY COX/The Trucker Staff

California still has the most expensive diesel and the Gulf Coast has the cheapest, $2.624 a gallon, down from $2.639 the week before. (The Trucker file photo)
California still has the most expensive diesel and the Gulf Coast has the cheapest, $2.624 a gallon, down from $2.639 the week before. (The Trucker file photo)

On-highway diesel prices went down today in a little more than half of the Energy Information Administration’s 10 reporting sectors and the national average is a scant 3 tenths of a cent lower (to $2.788 a gallon) compared with $2.791 last week.

The West Coast region stayed exactly the same at $3.103 a gallon, while in California truckers were paying a tenth of a penny more ($3.180 compared with $3.179 the week prior) and commercial drivers in the Central Atlantic states were paying 6 tenths of a penny more ($2.925 compared with $2.919 last week).

California still has the most expensive diesel and the Gulf Coast has the cheapest, $2.624 a gallon, down from $2.639 the week before.

For more details on diesel by region, click here.

The price of oil, which has been holding above $50 per barrel in recent days after spending most of the summer below that level, rose slightly today. Benchmark U.S. crude rose $1.56 to settle at $52.22, and Brent crude, the international standard, jumped $2.16 to $59.02 a barrel, The Associated Press reported.

If oil continues to creep up, sooner or later it will take diesel prices with it.

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