After a week of increases, the price of a gallon of on-highway diesel fuel fell by 1.7 cents, according to the latest numbers from the U.S. Energy Department.
by Staff
September 14, 2015
Source: EIA
2 min to read
Source: EIA
After a week of increases, the price of a gallon of on-highway diesel fuel fell once again last week, according to the latest numbers from the U.S. Energy Department.
The national average price of a gallon of diesel dropped by 1.7 cents, settling at $2.517 per gallon, nearly back to the level of two weeks earlier. The price of a gallon of diesel is down $1.284 compared with the same week in 2014.
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Prices were down across the board regionally, with the largest decrease in price coming to the Gulf Coast region with a 2.3-cent drop. The smallest decreases were found in California, where prices on average dropped less than a cent.
Gasoline continued its streak of falling prices, dropping by an average of 6.3 cents and settling at $2.375 nationally. The largest decrease in prices came to the West Coast region – dropping 9.9 cents per gallon. The smallest decrease came to New England at 3.7 cents per gallon.
Crude oil prices are down by more than 1% this week, driven by falling gasoline prices, according to a CNBC report. U.S. crude was down 63 cents and finished Monday at $44 per barrel, while Brent crude was down $1.70 to $46.60 per barrel.
While the stock market is unstable due to economic turmoil in China and the looming possibility of interest rate hikes in the U.S., oil will likely continue to drop in price as the peak summer season comes to a close and supply outstrips demand globally.
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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