Diesel Prices

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January 27, 2014

Three More Guilty Pleas in Federal Pilot Flying J Investigation

More guilty pleas were secured on Monday as part of the federal probe into truckstop mega-chain Pilot Flying J, taking the total number up to 10 so far. Brian Mosher, the former national director for sales, admitted to one count of conspiracy to commit wire fraud and mail fraud before a federal judge in Knoxville.

January 27, 2014

Average Diesel Cost Increases for First Time in Three Weeks

The cost of diesel has increased 3.1 cents from a week ago, the first in three weeks, for an average of $3.904 per gallon, according to new figures from the U.S. Energy Department.

January 21, 2014

Average Diesel Price Down for Second Straight Week

After heading higher for three straight weeks, the average cost of diesel has fallen for the second consecutive week, according to the U.S. Energy Department.

January 16, 2014

Pilot Flying J: 95% of Customers Owed Money Have Been Paid

Truckstop chain, Pilot Flying J, provided an update Wednesday on where it stands following a raid on company headquarters last April by federal agents, as part of investigation it allegedly cheated customers out of money they were due.

January 14, 2014

Does More Fuel Data Make You Smarter?

Although technology has enabled us to collect so much data now, does having vast amounts of it really make us any smarter? Negotiating fuel-discount programs won't do you much good unless you know how to make sense of the fueling data.

January 13, 2014

Average Diesel Cost Falls Following Three Weekly Hikes

Despite record setting cold weather in the U.S. last week, which can send fuel and oil prices soaring, diesel and crude prices are down.

January 13, 2014

Judge Dismisses Many Wright Transportation Claims Against Pilot Flying J

Embattled truckstop chain, Pilot Flying J, has scored what is being called a “major legal victory” against one trucking company.

January 9, 2014

Pilot Flying J Settles Case Filed by Western Express

After settling an $85 million class action lawsuit in November over allegations it bilked trucking customers out money in the form of rebates from fuel purchases, truckstop chain Pilot Flying J has settled separate litigation brought by one trucking company.

January 7, 2014

Average Fuel and Oil Costs Forecast to be Lower in 2014

Expect the cost of on-highway diesel to average $3.81 per gallon this year, 11 cents less than 2013’s average price. The new monthly U.S. Energy Department Short-Term Energy Outlook is calling for the price to be even less in 2015, averaging $3.72 per gallon.

January 6, 2014

Average Diesel Cost Highest Since September

The average cost of diesel in the United States started off 2014 slightly higher than where it ended last year, according to a weekly U.S. Energy Department report and is also at its highest level since late September.

December 16, 2013

Average Diesel Cost Down for Second Straight Week, Oil Slightly Higher

The average cost of diesel has trickled down for a second straight week, according to new figures from the U.S. Energy Department.

December 16, 2013

Long-Term Fuel Prices to Grow Slowly, Natural Gas Demand Weaker Than Earlier Forecast

Fuel prices in the future may not be as high as some earlier feared, according to updated projections for U.S. energy markets through 2040, but natural gas is expected to grow, just not as rapidly as earlier believed.

December 11, 2013

Lower Fuel Prices Forecast for 2014

Look for fuel prices to be lower next year, according to a new report from the U.S. Energy Department’s Energy Information Administration. It forecasts diesel fuel prices, which averaged $3.97 per gallon in 2012, are projected to average $3.92 per gallon this year and $3.77 per gallon in 2014

December 9, 2013

Fuel Costs Fall Slightly From Last Week, Oil Near One-Month High

No sooner than had the average cost of diesel fuel had started heading higher it has reversed course, according to new U.S. Energy Department figures.

December 2, 2013

Diesel Hits Highest Average Cost Since Late October

The average price of diesel continues moving higher, hitting its highest average cost since late October. The national average was up 3.9 cents from last week, to $3.883 per gallon, according to the U.S. Energy Department.

November 25, 2013

Average Diesel Cost Jumps for First Time Since September

The average cost of diesel has turned higher this week for the first time since the first of September while gasoline has increased for the second consecutive week.

November 25, 2013

Judge Approves Pilot Flying J Settlement

With the sign-off of a judge on a settlement, the truckstop chain Pilot Flying J can finally start to close a chapter in a drama that’s been playing out since mid-April.

November 18, 2013

Average Diesel Cost Fails to Advance for 11th Straight Week

The average cost of fuel in the U.S. continues falling with diesel hitting its lowest price since early July.

November 14, 2013

Diesel Forecast for 2014 Drops to $3.73

Falling Brent crude oil prices has once again lowered the projected average price for diesel in 2014. The U.S. Energy Department’s Energy Information Administration’s new Short-Term Energy Outlook expects diesel fuel prices, which averaged $3.97 per gallon in 2012, are projected to average $3.91 per gallon in 2013 and $3.73 per gallon in 2014.

November 12, 2013

Diesel Prices Drop Again

Diesel prices continue to slide this week as the national average dropped to $3.83 per gallon, which is down 2.5 cents from last week and 14.8 cents from last year at this time.

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