TopNews

Price of Diesel Rises After 3-Week Slide

November 9, 2015

SHARING TOOLS        | Print Subscribe

The average price of a gallon of diesel fuel has increased, ending a three week streak of declining prices, according to the latest numbers from the Energy Department.

The average per-gallon price of diesel rose 1.7 cents last week, hitting $2.502 nationally. To keep that price in perspective, when compared to the same week a year ago, diesel is $1.175 cheaper per gallon.

While prices increased in most places, a notable exception was in the Rocky Mountain region where the average price decreased slightly by 0.9 cents. The largest increase in prices hit the Lower Atlantic region with a 2.8-cent gain.

The price of gasoline also increased last week, gaining 1.1 cents to hit $2.235 per gallon nationally. Not all areas saw price increases, with the Rocky Mountain region seeing a 5.9-cent decrease. The largest increase in prices was in the Central Atlantic region with a gain of 5.5 cents.

On Nov. 9, crude oil prices dropped, still reflecting concerns over China’s slowing economy and a strong U.S. dollar, according to a MarketWatch Report.

Comment On This Story

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

Newsletter

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

GotQuestions?
sponsored by
sponsor logo

ELDs and Telematics

Scott Sutarik from Geotab will answer your questions and challenges

View All
GotQuestions?

Sleeper Cab Power

Steve Carlson from Xantrex will answer your questions and challenges

View All