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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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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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Despite having reached a settlement with some trucking customers, Pilot Flying J faces new litigation over claims it cheated some operations – and there is another move to depose CEO Jimmy Haslam.
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The price for diesel has fallen for the second straight week, putting it a little above where it was four weeks ago.
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A request to consolidate remaining lawsuits against Pilot Flying J over claims of fraud has been denied, with judges saying it could interfere with a settlement recently reached between the truckstop chain and some of the companies suing it over underpaid fuel rebates.
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The fate of about a dozen lawsuits against Pilot Flying J now rests in the hands of a panel of federal judges in Maine. The suits, which all stem from allegations the truckstop chain cheated customers out of fuel rebates, could be consolidated into one class action.
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Late last week a federal judge in California ruled to dismiss three cases against Chevron filed by plaintiffs who claimed the oil and fuel giant failed to disclose the effect warmer temperatures have when it comes to dispensing fuel at the pumps causing customers to overpay.
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Prices for diesel and gasoline moved higher again over the past week as the cost of oil eased back Monday following its highest closing price on Friday since March 2012.
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