fuel

Diesel price snaps month-long streak of increases, falls 2.7 cents

The Department of Energy in its weekly report pegged the U.S. at-pump average at $2.917 — $1.086 lower than the same week last year.

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Diesel heading back toward $3 mark in latest weekly increase

The U.S. at-pump average has now climbed 10.6 cents a gallon since it began its upswing in mid-February.

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Diesel inches upward again in third consecutive weekly increase

The national average price, however, is still down $1.117 from the same week last year, and the DOE still projects the U.S. diesel price to average $2.83 in 2015.

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Diesel still projected to average less than $3 in 2015

In the January issue of its STEO report, the DOE forecasts the price of diesel will average $2.83 a gallon in 2015 — 2 cents lower than its projection in the January report and 3.5 cents lower than the average in the most recent week.

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Diesel price rises for second straight week

The U.S. average diesel price rose for the second consecutive week for the first time since June 2014.

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The bar goes up on fuel surcharges

In a podcast, Gordon Klemp, head of the National Transportation Institute, discusses fuel surcharges, sign-on bonuses, demand for owner-operators, and compensation trends for flatbedders and independents.

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Diesel price increases for just third time in 7 months

The increase is also just the third week-to-week increase since early July 2014 — a streak that saw the country’s diesel price hit its lowest point since November 2009.

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Diesel’s decline slows, but price still hits lowest in over 5 years

The national average price for a gallon of on-highway diesel fell 3.5 cents in the week ended Feb. 2 to $2.831. That’s the lowest the U.S. average has been since the week ended Nov. 9, 2009.

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Hello $2-something diesel: Diesel skids under $3 in near-five-year low

The U.S. average at-pump price for diesel dropped 12 cents in the week ended Jan. 19 to $2.933 a gallon, according to the DOE. The price is now down 94 cents from the same week last year and has fallen nearly 70 cents since the beginning of December.

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Why diesel’s sluggish price drop should accelerate  

Now that gasoline has plunged below $2 a gallon in some markets and diesel remains above $3, you might wonder why diesel prices haven’t fallen as fast.

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