Average Diesel Price Increases Again Since Hitting 5-Year Low
Diesel prices continue rebounding since hitting their lowest level in five years last month gaining 3.6 cents this week to reach a national average of $2.93 per gallon.
Diesel prices continue rebounding since hitting their lowest level in five years last month.
New U.S. Energy Department figures show the national average price of on-highway diesel gained 3.6 cents over the past week to $2.936 per gallon. Compared to a year ago it is still $1.08 less.
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This latest increase is the fourth straight weekly jump since bottoming out $2.831 on Feb. 2.
Prices have increased over the past week in all sections of the country, ranging from just 0.1 cent to $2.796 in the Gulf Coast region, to 13.3 cents to $3.293 in the Central Atlantic states, which is also is home to the most expensive average price in the country.
The least expensive average price is in the Rocky Mountain region at $2.779 per gallon, up 1.7 cents from last week.
During the same time the national average price of regular grade gasoline shot up even more, picking up 14.1 for $2.473 per gallon.
Regionally, price increases were much larger, ranging from 8 cents in the Lower Atlantic states, for an average of $2.335 per gallon, to as much as 37.2 cents in the West Coast region, hitting $3.13 per gallon, the most expensive price in the U.S.
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The least expensive section for gasoline is in the Rocky Mountain region at $2.123 per gallon, up 8.2 cents over the past week.
Meantime, the price of crude fell just slightly on Monday and is barely up over the past week. Monday it lost 17 cents in New York trading, closing at $49.59 per barrel. Compared to last Tuesday’s opening price it is up by just 31 cents.
Figures released last week by the U.S. Energy Department showed U.S stockpiles of crude increased by the most of any week since 1982 while a separate report showed oil rigs operating in the U.S. fell last week to its lowest level since 2011. Overseas, Saudi Arabia has increased its output of oil to its highest level since September 2013.
The Environmental Protection Agency is asking diesel engine makers to provide information about diesel exhaust fluid system failures as it considers changes to emissions regulations.
The Environmental Protection Agency said California can’t enforce its Heavy-Duty Inspection and Maintenance Regulation, known as Clean Truck Check, on vehicles registered outside the state. But California said it will keep enforcing the rule.
The Trump administration has announced it will no longer criminally prosecute “diesel delete” cases of truck owners altering emissions systems in violation of EPA regulations. What does that mean for heavy-duty fleets?
Natural gas is quietly building a reputation as a clean, affordable, and reliable alternative fuel for long-haul trucks. And Ian MacDonald with Hexagon Agility says the Cummins X15N is a big reason why.
Mercedes-Benz has begun a new series of tests in Europe to validate vehicle compatibility with megawatt chargers and assess charging performance, thermal management, and usability on long-haul duty routes.
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