Straggling along behind oil prices that had until recently been edging upwards, national on-highway diesel prices today clocked in at $3.900 a gallon, 0.4 cents up from last week, according to the Energy Information Administration of the U.S. Department of Energy.
Six of the EIA’s 10 reporting regions showed diesel prices had gone up, with highest increase coming in the West Coast less California region at $1.9 cents more (to $3.965 a gallon from $3.946 a gallon the week prior).
Today, oil prices staggered for the first time in about a week, but it will take oil a week or more to catch up.
Seven of the reporting regions show diesel below the $4-a-gallon mark while three reporting sectors — New England, the West Coast and California — are above $4 a gallon.
Most sectors’ diesel prices are hovering just below the $4-a-gallon mark, however.
Last week diesel was down 0.6 cents to $3.909 a gallon after an increase of 1.2 cents the week before that, proving that diesel prices remain somewhat volatile, following oil as it goes up and down depending on global unrest, diesel output, oil reserves and other factors.
The Trucker staff can be reached to comment on this article at email@example.com.
Find more news and analysis from The Trucker, and share your thoughts, on Facebook.