Diesel Fuel Prices Falls 6.6¢ to $3.828 in Largest Drop Since May 2010

Diesel fuel prices dropped 6.6 cents to $3.828 a gallon, its fourth straight downturn and the biggest decline in more than a year and a half, the Department of Energy said Monday. Is this the beginning of a big dip in fleet fueling? If I was a fleet manager, I wouldn’t get to excited yet.

Gas prices, meanwhile, fell 5.7 cents to $3.229 a gallon for a fifth straight drop, DOE said following its weekly survey of filling stations. Isn’t great to be paying this low for gas prices, it makes my fuel card sing. I know it wasn’t long ago that we thought anything over $3.00 a gallon for gas prices was an outrage but when it comes to fuel management and the way all fleet fueling prices work, this price isn’t so bad, is it.

Diesel fuel prices falling 18.2 cents in the past four weeks, though it rose 12.3 cents in two weekly increases just prior to that. Seesaw would be a good way to describe how crazy fleet management is today when it comes to diesel fuel prices. Feeling good one day? Turn your head and the next day your fuel card has reached its limits and your mobile fueling company it taking advantage of you.

Trucking’s main fuel is now 58 cents higher than the same week last year, while gasoline is 24.7 cents higher, according to DOE records. Always look to Sokolis for all your fuel management and fleet fueling needs.

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