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Falling Brent crude oil prices has once again lowered the projected average price for diesel in 2014. The U.S. Energy Department’s Energy Information Administration’s new Short-Term Energy Outlook expects diesel fuel prices, which averaged $3.97 per gallon in 2012, are projected to average $3.91 per gallon in 2013 and $3.73 per gallon in 2014.
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Diesel prices continue to slide this week as the national average dropped to $3.83 per gallon, which is down 2.5 cents from last week and 14.8 cents from last year at this time.
Read More →A new forecast is calling for lower fuel prices, due in large part to lower prices for crude oil.
Read More →Following six consecutive weeks of increases, the average price of diesel has fallen over the past week, but is still not far from a more than four-year high.
Read More →Both diesel and gasoline prices saw a significant increase this past week. Diesel prices jumped an average of 9.5 cents per gallon across the nation to settle at $4.02.
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