Diesel Prices Lowest in Nearly Six Months - Truckinginfo.com

Diesel Prices Lowest in Nearly Six Months
From Truckinginfo.com
By Truckinginfo Staff


fuel guageDiesel prices dropped for the third week in a row and are the lowest they've been since late February. Weekly figures from the Department of Energy show the average retail price of on-highway diesel is $3.937 a gallon, down 6.2 cents from last week and down more than 11 cents over the past three weeks. But it's still 85.6 cents higher than it was a year ago.

Prices still hovered at the $4 a gallon mark in the New England region, where the average price was the highest. The lowest average prices were reported in the Gulf Coast region at $3.806.

Crude oil futures prices, meanwhile, settled higher Monday, closing at $87.88 a barrel for light, sweet crude on the New York Mercantile Exchange. It was the highest price since Aug. 3.


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