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A new forecast is calling for lower fuel prices, due in large part to lower prices for crude oil.
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The cost of diesel in the United States has moved lower for the fourth straight week.
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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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A three-judge federal panel on Wednesday upheld California’s controversial and first-in-the-nation law requiring fuel-makers to reduce carbon, that detractors say will lead to higher prices for diesel and gasoline.
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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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Despite a recent run-up in the price of oil, the average cost of diesel over the past week is unchanged, according to the U.S. Energy Department.
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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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