Diesel fuel prices continued to decline, with fleet fueling falling 4.6 cents to $3.945 a gallon, its eighth drop in the past nine weeks, which was a nice present for Xmas. Gas prices provided even more of a present falling by almost a dime to its lowest level this year. Go way to end the year on a low gas price note, I guess we still need to see what gas prices will be on December 31. Gasoline fell 9.5 cents to $3.254 a gallon.
The string of downturns leaves diesel fuel prices 20.5 cents below its $4.15 price on Oct. 15, which had been a more than four-year high. Gas prices have declined 62.4 cents in the past three months, falling in 11 of the past 13 weeks. Crude oil has been fairly stable over the last few months in the high 80’s to low 90’s a barrel, while we see diesel fuel prices and gas prices going down. Let’s hope this trend continues.
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