The average U.S. cost of diesel has increased for the fifth straight week and is at its highest level since mid-August of 2008.
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The U.S. Energy Department’s Energy Information Administration has released a new forecast in which it predicts diesel prices later this year will be lower than their current level.
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The price of oil is inching back closer to the $100 a barrel mark while diesel fuel prices, rising for the fourth straight week, hit their highest level since the latter half of October.
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.
Read More →Prices for both diesel and gasoline saw a jump this week at the pump. Diesel prices rose this week at an average of 2.5 cents across the nation to rest at $3.93. According to the Energy Information Administration's weekly Gasoline and Diesel Fuel Update, diesel prices nationally are an average of 7.7 cents above where they were last year at this time.
Read More →The price for diesel rose marginally this week with a nationwide average increase of 0.8 cents per gallon. Prices averaged out at $3.90, according to the Energy Information Administration's weekly fuel update
Read More →Consumers experienced another decrease in prices for diesel this week as prices fell an average of 1.7 cents per gallon across the nation to rest at $3.89
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In its Short-Term Energy Outlook report, the Energy Information Administration projects that Brent crude along with diesel prices will see a slight decrease in 2013 and 2014. EIA projects that the Brent crude oil spot price, which averaged $112 per barrel in 2012, will fall to an average of $105 per barrel in 2013 and $99 per barrel in 2014.
Read More →The price for a gallon of diesel continued to fall this week. Nationwide, prices fell an average of 0.7 cents per gallon this past week to rest at $3.91, according to the U.S. DOE's Energy Information Administration
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On the last day of 2012, prices for gasoline rose across the nation while the price of diesel saw a slight decrease
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