The average price of diesel fuel was up for the second straight week following months of downward movement, according to the latest numbers from the Energy Department.
by Staff
October 13, 2015
Photo: ConocoPhillips
1 min to read
The average price of diesel fuel was up for the second straight week following months of downward movement, according to the latest numbers from the Energy Department.
The price of gallon of on-highway diesel fuel increased 6.4 cents nationally, rising to $2.556. Despite this, the price is still $1.142 below where it was a year ago this time.
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Prices were up in every region of the U.S. with the largest increase hitting the Midwest with a 14.2-cent jump. The smallest increase came to New England with an essentially flat 0.2 –cent rise.
Average gasoline prices tracked with diesel prices this week by increasing 1.9 cents to $2.337 per gallon. Prices fluctuated by region with a 5.3-cent increase coming to the Midwest. A few areas actually price drops with the largest decrease gracing the Rocky Mountain region, falling 5.3 cents.
The crude oil market is unstable with prices falling on Tuesday on news of a recently released trade data from China and a monthly report from OPEC, according to a MarketWatch report.
The recent OPEC report forecasted that U.S. oil production would drop next year which may change the direction of the market. However, oil prices have consistently fallen all year, with a high U.S. supply and a weak Chinese economy putting downward pressure on the market.
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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