The prices of diesel and gasoline fuel dropped further for the week amid a volatile crude oil market, according to the U.S. Energy Department.
by Staff
September 22, 2015
Photo: Jim Park
1 min to read
Photo: Jim Park
The prices of diesel and gasoline fuel dropped further for the week amid a volatile crude oil market, according to the U.S. Energy Department.
The national average price of a gallon of on-highway diesel fuel dropped 2.4 cents last week to settle at a price of $2.493. The price is down $1.285 per gallon compared to a year ago.
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Source: EIA
Prices were down across the U.S., when broken down by region, with the largest decrease coming to New England with a 4-cent decrease. The smallest decrease was in California with a 1.5-cent drop.
The national average price of a gallon of regular gasoline was also down last week – dropping 4.8 cents and settling at $2.327 per gallon. The price is $1.026 per gallon cheaper than this same week last year.
The largest drop in gas prices came to the West Coast region with an 8.1-cent decrease. The smallest decrease in prices occurred in the Midwest region with a 0.9-cent drop.
Crude oil prices were up as much as 3% on Monday as a result of rising concerns that oil production would get too low by the end of the year. For a more in-depth look at the crude oil market check-out our earlier story.
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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?
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