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Diesel prices slide 7th straight week to $3.207

Diesel prices slide 7th straight week to $3.207

Although oil prices jumped Monday, December 3 amid talk that OPEC will cut production, it wasn’t soon enough to keep diesel prices from slipping for the seventh week in a row, according to figures from the U.S. Energy Information Administration (EIA). The national on-highway average was down 5.4 cents to land barely above $3 a gallon at $3.207.

All of the EIA’s 10 reporting regions had diesel price drops from the week before, with the Midwest sector showing a hefty decrease of 6.8 cents a gallon to $3.177 from $3.185 the week prior.

The Gulf Coast saw prices scoot slightly below the $3-a-gallon mark to $2.989. The area generally has the cheapest diesel in the country because of its proximity to oil refineries.

The Lower Atlantic area had the next cheapest diesel at $3.098 a gallon, down 4.7 cents from $3.145 on November 26.

California diesel rung up at $3.922, down 4.2 cents from last week’s $3.964.

To view all prices by region click here.

Associated Press sources contributed to this report.

 

The Trucker News Staff

The Trucker News Staff produces engaging content for not only TheTrucker.com, but also The Trucker Newspaper, which has been serving the trucking industry for more than 30 years. With a focus on drivers, the Trucker News Staff aims to provide relevant, objective content pertaining to the trucking segment of the transportation industry. The Trucker News Staff is based in Little Rock, Arkansas.

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The Trucker News Staff produces engaging content for not only TheTrucker.com, but also The Trucker Newspaper, which has been serving the trucking industry for more than 30 years. With a focus on drivers, the Trucker News Staff aims to provide relevant, objective content pertaining to the trucking segment of the transportation industry. The Trucker News Staff is based in Little Rock, Arkansas.
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