Tuesday, April 24, 2018

On-highway diesel drops but only 7 tenths of a penny to $2.389


Monday, September 26, 2016
by DOROTHY COX/The Trucker Staff

Three of the Energy Information Administration’s reporting regions saw slight increases from the week prior,  in the tenth-of-a-penny range. (The Trucker staff photo)
Three of the Energy Information Administration’s reporting regions saw slight increases from the week prior, in the tenth-of-a-penny range. (The Trucker staff photo)

Weekly on-highway diesel prices went down today, but only seven tenths of a penny to $2.382 compared to the $2.389 a gallon it was selling for last week.

Three of the Energy Information Administration’s reporting regions saw slight increases from the week prior, also in the tenth-of-a-penny range: The East Coast saw prices lift 2 tenths of a penny to $2.393 compared with $2.391 last week; the Central Atlantic region saw a price increase of 4 tenths of a penny to $2.489 compared with $2.485 the week before and the Lower Atlantic region saw prices slide up 2 tenths of a penny to $2.318 compared with $2.316 the week prior.

The seven remaining reporting sectors saw prices slide, with the Rocky Mountain area experiencing the biggest decrease at 1.7 cents to $2.465 compared with $2.482 a week ago followed by California, where prices dropped 1.5 cents to $2.739 from $2.754 the week before. California is also the region where diesel is at its highest, and all sectors are still seeing diesel prices below $3 a gallon.

Meanwhile oil prices were up 3 percent today, as traders bet on the possibility that major producers will make reach a pact to limit production. National average gasoline prices already shot up 2.3 cents today and diesel could follow if the global oil output is finally reined in by oil producers.

To see details on all reporting regions click here.

 

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