Transport Topics Online
The Newspaper of Trucking and Freight Transportation
Welcome  Guest  Log In         
8/25/2014 4:45:00 PM Write a Letter to the Editor Write a letter to the Editor

Diesel Slides 1.4¢ to $3.821 in Eighth Straight Decline


Matthew Staver/Bloomberg News

Diesel’s national average price fell for the eighth straight week, dipping 1.4 cents to $3.821 a gallon, the Department of Energy reported Aug. 25.

The decline left trucking’s main fuel 9.2 cents less than the corresponding week last year, DOE said after its weekly survey of filling stations.

Diesel has dropped in 15 of the past 17 weeks and in 20 of the 24 weeks since mid-March when it was $4.021 — 20 cents over the current price and the highest in almost a year.

Gasoline fell 1.8 cents, to $3.454 a gallon, DOE said after its weekly survey of filling stations. Gas also has declined for eight straight weeks, falling almost 25 cents in that period.

Crude oil fell to its lowest level in seven months Aug. 25, slipping 30 cents to $93.35 a barrel on the New York Mercantile Exchange after reports of high U.S. inventory levels, Bloomberg News reported.

Each week, DOE surveys about 400 diesel filling stations and 800 gasoline stations to compile national average prices.

By Michael G. Malloy
Staff Reporter

Follow Transport Topics on Subscribe to get up to the minute news briefs and more from our feeds. RSS Twitter Twitter Facebook Facebook

© 2014, Transport Topics Publishing Group. All rights reserved.


  RELATED ARTICLES

 
LATEST NEWS



 
LATEST JOBS
Follow Us

Newsletters

TTExpress
This free daily newsletter delivers the latest headlines.

TT Executive Suite
This subscriber-only newsletter program tailors your news.

Services

Advertising




© American Trucking Associations, Inc., All Rights Reserved TTNews.com Privacy Statement