Fuel Smarts

Diesel prices rise only slightly

September 17, 2012

SHARING TOOLS        | Print Subscribe
Once again this week, the price of diesel per gallon has gone up only marginally over last week. Prices rose only 0.3 cents per gallon on average to $4.14, which is an increase of approximately 30 cents over prices last year.

The West Coast, typically the site of the nation's highest fuel prices, experienced a slight decline in diesel prices this week as well. Prices there fell an average 2.4 cents per gallon to land at $4.40.

Gasoline prices also saw an increase this week. The national average price for a gallon of gasoline rose 3 cents to $3.88.

Wall Street overall saw a rapid drop in oil prices on Monday. In merely a few minutes' time, Brent crude oil futures prices dropped $5 from $115.20 per barrel to $111.60.

Many attribute the fast selloff to high-frequency computer trading program.

U.S. crude oil futures for October also fell on Monday, by $2.38 per barrel to $96.62.

Comment On This Story

Comment: (Maximum 2000 characters)  
Leave this field empty:
* Please note that every comment is moderated.


We offer e-newsletters that deliver targeted news and information for the entire fleet industry.


ELDs and Telematics

sponsored by
sponsor logo

Scott Sutarik from Geotab will answer your questions and challenges

View All

Sleeper Cab Power

Steve Carlson from Xantrex will answer your questions and challenges

View All