Fuel Prices Keep Falling
Diesel fuel prices fell for the 11th straight week, dropping 5.1 cents to $3.678 a gallon, a 16-month low, while gasoline dropped almost a dime, the Department of Energy said Monday.
Diesel fuel prices fell for the 11th straight week, dropping 5.1 cents to $3.678 a gallon, a 16-month low, while gasoline dropped almost a dime, the Department of Energy said Monday.
Since the first weeks of May fuel has been plummeting. While this sounds good, and eventually it may be good for the economy amongst other things, are you actually paying less with your fleet? What we have seen here at Sokolis is much higher margins at gas stations and truck stops across the country. I’m talking 25-50 cent margins and
Diesel fuel prices will average $3.90 a gallon this year, the Department of Energy said, lowering a previous forecast.
Diesel fuel prices fell for the ninth straight week, falling 6.5 cents to $3.781 a gallon, while gas prices also continued its slide, the Department of Energy said Monday.
As the euro zones debt crisis drags on, many are concerning themselves with the future on the euro zone. But to many, Monday was quite possibly the first sighting of the light at the end of the tunnel. Oil prices dropped on Monday, as it was a relief to many that the rescue package could turn out well for the
As we all know, none of us can predict the future. However, we can budget for the future and take out upside risk on fuel prices.
Diesel’s pump price continued its recent slide, falling 5.9 cents to $3.897 a gallon, its seventh straight decline and the lowest price since early February. Gasoline also fell, dropping 4.5 cents to $3.669 a gallon, its eighth straight downturn. The diesel slide — the biggest single-week drop in five months — leaves trucking’s main fuel 5.1 cents below the same
Diesel fuel prices fell on a national level 5.9 cents per gallon this week. It might have been a holiday week but as wholesale prices continue to fall retail locations have slowly started to give back some of the large fueling margins they have had recently. With the fuel futures markets not looking very exciting, diesel fuel will continue to
This week the Department of Energy announced diesel fuel prices nationwide were $3.956. This makes diesel fuel 10 cents cheaper than just 2 weeks. Some parts of the country still are facing supply constraints like the West Coast, still saw diesel fuel prices at $4.233 a gallon.
EIA expects that on-highway diesel fuel retail prices, which averaged $3.84 per gallon in 2011, will average $4.06 per gallon in 2012, down 9 cents per gallon from last month’s Outlook. In 2013, diesel fuel retail prices are projected to decline to $4.03 per gallon, 8 cents per gallon lower than the previous Outlook.
CONNECT WITH US:
"*" indicates required fields