Diesel fuel prices fell for a second straight week, declining 3.3 cents to $3.931 a gallon, while gasoline fell for a third week. The diesel fuel price downturn followed last week’s 4.6-cent drop that pulled trucking’s main fleet fuel below $4 a gallon after being above that level for one week. Gasoline’s national average price fell 1.7 cents to $3.29 a gallon, its third straight drop and the sixth decline in seven weeks.
Diesel fuel prices have fallen in three of the past five weeks. Monday, December 5th’s prices left diesel’s national average price 73.4 cents over the same week last year, while gasoline is now 33.2 cents higher than a year ago.
As we head into what is suppose to be a cold winter fleet fueling prices will be sure to give each fleet manager a headache or two. While fuel savings are always on everyone’s mind part of the attack on lower fleet fueling cost is to have fuel management, where diesel fuel prices are being negotiated, fleet fuel audits on all transactions are happening including on diesel fuel cards.
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