diesel prices

Revisiting the oil bubble, as diesel continues up, up, up

In the July 2008 issue of Truckers News, I reported on huge and speculative, long-only investment positions in commodities markets then contributing to the dramatic rise in crude oil and other commodities prices. Oil topped off at an historic high of near $150 a barrel that month, and if you were around trucking then I don't need to tell you what that did to diesel prices. Well, it seems that investor speculation in commodities indices, driving ...

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LogBook

CSA rankings, a weight pilot program, use of heavier trucks and a new hours rule proposal are among the industry news items featured.

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Diesel price sets 2-year high

The current price is the highest since $3.482 in Oct. 20, 2008, and 56.2 cents above a year ago.

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Diesel price rises

The current price is the highest since $3.288 in October 2008.

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So you want a good deal on a low-mileage truck…

Sales of trucks, like everything else, slumped badly during the recession. Now there’s a shortage of used trucks in the sweet spot of four to five model years old, and it’s not going away anytime soon.

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Channel 19

Featured is a dose of trucking humor, oddities and industry coverage in the media.

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Diesel prices creeping up

After five weeks of declines, the price gained 3.3 cents to $2.961 in the latest week.

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Diesel drops 4th week in row

The price declined 3.4 cents to $2.946 in the latest week and has dropped 18.1 cents over the past four weeks.

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Diesel prices continue to fall

For the third week in a row, the national average retail price of a gallon of diesel declined this week, according to the U.S. Energy Information Administration. The price dropped 4.1 cents to $2.98 in the latest week, the first time the national average has been below $3 since late March. All regions reported big declines, led by a 6.8-cent decrease to $3.094 in California. The expensive West Coast fell 5 cents to $3.082. The cheapest ...

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Diesel prices drop

For the third week in a row, the national average retail price of a gallon of diesel declined this week.

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