Average diesel fuel prices at the pump decreased for the sixth week in a row, according to the latest numbers from the Energy Department.
by Staff
December 21, 2015
2 min to read
Average diesel fuel prices at the pump decreased for the sixth week in a row, according to the latest numbers from the Energy Department.
The average price of a gallon of on-highway diesel fuel dropped 5.4 cents last week to $2.284, hitting a new low for the year. The price is 99.7 cents cheaper than it was a year ago.
Ad Loading...
There were significant drops in all parts of the U.S., with the largest decrease hitting the Rocky Mountain region at 7.1 cents. The smallest drop was in the Gulf Coas, at 3.1 cents.
Gasoline prices also fell for the week, though by a smaller margin. Average prices dropped 1.1 cents, settling at $2.026 per gallon. The price is 37.7 cents cheaper than the same period last year.
The largest decrease in prices was in the Midwest region, at 5.5 cents, while the West Coast actually saw a significant increase in prices, at 5.6 cents per gallon.
Crude oil prices were trading at near 11-year lows on Dec. 21 as global supply continues to outweigh demand, according to a Wall Street Journal report.
Despite domestic oil production significantly increasing this year, OPEC has refused to cut its production output. That's led to a free fall in the price that crude oil is trading for on the stock market. Brent Crude Oil fell to around $36 per barrel in global trading, reaching its lowest point since 2004.
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.
Safety, uptime, and insurance costs directly impact profitability. This eBook looks at how fleet software is evolving to deliver real ROI through proactive maintenance, AI-powered video telematics, and real-time driver coaching. Learn how fleets are reducing crashes, defending claims, and using integrated data to make smarter operational decisions.
Fleet software is getting more sophisticated and effective than ever, tying big data models together to transform maintenance, safety, and the value of your existing tech stack. Fleet technology upgrades are undoubtedly an investment, but updated technology can offer a much higher return. Read how upgrading your fleet technology can increase the return on your investment.
Idle reduction for heavy-duty trucks has come a long way. An updated playbook from the North American Council for Freight Efficiency explains what technologies deliver results today — and what’s coming next.