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The average price of on-highway diesel fuel fell below $2 for the first time since Feb. 14, 2005. Diesel prices came close to that mark in 2009 but never fell below it.
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The average price of a gallon of diesel fuel fell last week to a level that is 82 cents cheaper than a year ago.
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The average price of diesel fuel continued to fall last week amidst reports that global crude oil production would not be cut to meet lower demand.
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Diesel fuel prices at the pump fell again last week as the consistently low price of oil on the stock market lowered energy costs.
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The price of on-highway diesel fuel and regular gasoline continued last year’s trend of falling prices with another decrease in the first week of 2016.
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The price of on-highway diesel fuel and regular gasoline dropped slightly in the last week of 2015, capping off a year marked by falling energy prices.
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For the seventh straight week, the average price of diesel fuel decreased. Gasoline saw a slight increase.
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Average diesel fuel prices at the pump decreased for the sixth week in a row, according to the latest numbers from the Energy Department.
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For the third week in a row, the average price of a gallon of diesel fuel decreased, according the latest numbers from the Energy Department.
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The prices of diesel and gasoline fuel dropped further for the week amid a volatile crude oil market, according to the U.S. Energy Department.
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