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Look for fuel prices to be lower next year, according to a new report from the U.S. Energy Department’s Energy Information Administration. It forecasts diesel fuel prices, which averaged $3.97 per gallon in 2012, are projected to average $3.92 per gallon this year and $3.77 per gallon in 2014
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No sooner than had the average cost of diesel fuel had started heading higher it has reversed course, according to new U.S. Energy Department figures.
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The average price of diesel continues moving higher, hitting its highest average cost since late October. The national average was up 3.9 cents from last week, to $3.883 per gallon, according to the U.S. Energy Department.
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With the sign-off of a judge on a settlement, the truckstop chain Pilot Flying J can finally start to close a chapter in a drama that’s been playing out since mid-April.
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The average cost of diesel has turned higher this week for the first time since the first of September while gasoline has increased for the second consecutive week.
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The average cost of fuel in the U.S. continues falling with diesel hitting its lowest price since early July.
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After a few weeks of relative quiet, things have started heating back up between Pilot Flying J and trucking companies that are suing the truckstop chain over allegations it cheated trucking companies out of fuel rebates.
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After falling for five straight weeks the average cost of diesel remains the same this week from the week before, according to the U.S. Energy Department, the lowest price since mid-June.
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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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Tuesday was the deadline for carriers to opt out of a settlement reached in July between some trucking companies and Pilot Flying J over allegations the truckstop chain cheated customers out of fuel purchase rebates. About 50 of the truckstops’s 6,000 customers said they want no part of the agreement.
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