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One of the most closely watched surveys of fuel prices is back online following the end of the partial federal government shutdown and it shows fuel prices keep trending lower.
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While trucking continues rolling during the partial shutdown of the federal government, an often used weekly roundup of fuel prices from the Department of Energy’s Energy Information Administration has been sidelined due to a lack of funding, but there are other reports available to give you a read as to where diesel prices stand.
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The price of oil keeps edging toward going back below the $100 per barrel mark, bringing fuel prices along for the ride. Crude lost 54 cents in trading in New York on Monday, settling at $102.33 per barrel, hitting near a three-month low
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The price paid at the pump for diesel is down due to a drop in oil prices.
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After pausing last week, the average cost of diesel in the United States has resumed falling.
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A new government forecast is calling for diesel prices to average just below the same level this year as it was in 2012 and ease a little further next year.
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The average cost of diesel has posted its biggest increase since near mid-February and is around a five-month high, according to the U.S. Energy Department.
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Following indications the United States will launch a military strike against Syria, the price of oil has reached a more than two-year high.
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The average cost of diesel in the United States has increased for the second straight week, putting it just below where it was four weeks ago.
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Just as soon at it looked like diesel was starting to trend lower it has done an about face. The average U.S. price has increased 0.4 cents per gallon over the past week, registering $3.90 per gallon.
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