Heavy Duty Trucking Logo
MenuMENU
SearchSEARCH

Diesel Up for the First Time in Seven Weeks, Oil Fades

The price of diesel fuel is up this week for the first time in nearly a month, rising 4.5 cents from last week to $3.828. New York crude continued its three-day slide, losing 25 cents a barrel on Monday

by Staff
January 10, 2012
Diesel Up for the First Time in Seven Weeks, Oil Fades

 

2 min to read


The price of diesel fuel is up this week for the first time in nearly a month, rising 4.5 cents from last week to $3.828. New York crude continued its three-day slide, losing 25 cents a barrel on Monday.

Ad Loading...



According to the Department of Energy's weekly price survey released on Monday, diesel's seven-week downward trend halted this week. Diesel had dropped nearly 23 cents a gallon over that period. It's still nearly 50 cents a gallon higher than this time last year.

Looking around the country, the lowest average prices for diesel could be found in the Midwest, at $3.717 per gallon, according to the DOE. The highest prices were, as usual in California, at $4.111. Save California, the Central Atlantic region posted the highest prices in the land at $3.996.

Gasoline prices across the country were up 8.3 cents this week, posting a national average of $3.382, 29.3 cents a gallon higher than last year.

Oil prices in New York declined for a third trading day as concerns faded over Iran's ability to restrict world oil supplies. Benchmark crude on Monday fell by 25 cents to end at $101.31 per barrel.

Prices started 2012 on an upswing as Iranian military exercises in the strategic Strait of Hormuz threatened to block shipping channels in response to international sanctions.

The Associated press reports that concerns over a potential confrontation with Iran are easing. Military experts say it's unlikely that Iran would be able to keep tankers from exiting the Gulf, and energy analysts noted that the world remains well supplied with oil, whether or not Iran tries to block the waterway, AP says.


More Drivers

Illustration of Department of Labor building, diesel technician at a computer, and driver training semi trailer
Driversby Deborah LockridgeMarch 10, 2026

Federal Proposal Would Allow Pell Grants for Shorter-Term Job Training

The Department of Labor plans to expand Pell Grant eligibility to some shorter workforce training programs, a move the American Trucking Associations said will help strengthen commercial driver training schools and diesel technician training programs.

Read More →
Illustration of truck owner operator and magnifying glass with the word "regulations"
Driversby Deborah LockridgeFebruary 26, 2026

Owner-Operator Model Gets Boost as DOL Proposes 2024 Independent Contractor Definition Reversal

For an industry that has watched this issue go back and forth for years, the independent contractor proposal marks the latest swing in the regulatory pendulum.

Read More →
 Truck with door open and enforcement officer talking to driver about ELD
DriversFebruary 26, 2026

FMCSA Reinstates Field Warrior ELD to Registered Device List

One electronic logging device has been reinstated to the FMCSA's list of registered ELDs.

Read More →
Ad Loading...
Photo of truck driver in yellow safety vest walking alongside tractor-trailer
Driversby Deborah LockridgeFebruary 25, 2026

How One Company is Using Smart Suspension Technology to Reduce Driver Injuries and Improve Retention

America’s Service Line adopted Link’s SmartValve and ROI Cabmate systems to address whole-body vibration, repetitive strain, and driver turnover. The trucking fleet is already seeing measurable results.

Read More →
Illustration with photos from some of the 2026 Best Fleets to Drive For honorees
Driversby News/Media ReleaseFebruary 24, 2026

CarriersEdge Announces 2026 Best Fleets to Drive For

The 18th annual contest recognizing the best workplaces for truck drivers sees changes to Top 20, Hall of Fame

Read More →
Illustration of driver students around trucks with distressed graphic elements and safety cones
Driversby Deborah LockridgeFebruary 19, 2026

FMCSA Targets 550+ ‘Sham’ CDL Schools in Nationwide Sting Operation

The Federal Motor Carrier Safety Administration issued more than 550 notices of proposed removal to commercial driver training providers following a five-day nationwide enforcement sweep. Investigators cited unqualified instructors, improper training vehicles, and failure to meet federal and state requirements.

Read More →
Ad Loading...
 Illustration showing a driver behind the wheel, DOT offices, and examples of problematic non domiciled CDL
Driversby Deborah LockridgeFebruary 18, 2026

DOT Alleges Illinois Issued Illegal Non-Domiciled CDLs

Illinois is the latest state targeted and threatened with the loss of highway funding by the U.S. Department of Transportation in its review of states' non-domiciled CDL issuance procedures. The state is pushing back.

Read More →
 Illustration showing a driver behind the wheel, DOT offices, and examples of problematic non domiciled CDL
Driversby Deborah LockridgeFebruary 12, 2026

FMCSA Locks in Non-Domiciled CDL Restrictions

After a legal pause last fall, FMCSA has finalized its rule limiting non-domiciled commercial driver's licenses. The agency says the change closes a safety gap, and its revised economic analysis suggests workforce effects will be more gradual than first thought.

Read More →
Photo of Stone's Truck Stop
Driversby News/Media ReleaseFebruary 5, 2026

Trucker Path Names Top Truck Stops for 2026

Truck driver ratings reveal the best chain and independent truck stops in the country.

Read More →
Ad Loading...
SponsoredFebruary 1, 2026

6 Dashcam Tactics to Improve Safety & ROI

6 intelligent dashcam tactics to improve safety and boost ROI

Read More →