The average price of diesel fuel has risen about 40 cents from a near $2 low earlier this year, according to the latest numbers from the Energy Department.
by Staff
May 31, 2016
1 min to read
Source: EIA
The average price of diesel fuel has risen about 40 cents from a near $2 low earlier this year, according to the latest numbers from the Energy Department.
The price of a gallon of on-highway diesel fuel increased 2.5 cents last week, bringing the average of diesel fuel to $2.382 per gallon. Despite the increases, that price is still 52.7 cents cheaper than it was a year ago.
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Prices were up in every corner of the U.S. with the largest increase hitting the West Coast at 5.3 cents per gallon. The smallest change occurred in the Rocky Mountain region, where prices only increased by 1.7 cents per gallon.
The average price of a gallon of regular gasoline also increased for the week, jumping 3.9 cents to $2.339. That price is 44.1 cents cheaper than it was for the same week last year.
The highest increase in gas prices was in the Midwest with the average price for the region jumping 6 cents for the week. The smallest increase was on the West Coast. where prices increased 1.5 cents.
Crude oil prices dropped slightly on May 31st, staying just below $50 a barrel according to a CNBC report. Recent comments from a senior OPEC member were optimistic that the current oil prices reflected that the market had corrected upward in recent months.
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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