Fleetowner 5753 Fuel5

After two-week climb, diesel down 2.5 cents

Oct. 20, 2015
After two consecutive weeks of increases, the price of diesel dropped 2.5 cents per gallon this week to $2.531 from $2.556.
After two consecutive weeks of increases, the price of diesel dropped 2.5 cents per gallon this week to $2.531 from $2.556, according to the most recent data from the Energy Information Administration (EIA). That is $1.125 per gallon cheaper than the same week last year, EIA said. Unlike last week – when diesel prices spiked in every region – this week, diesel is down across the board, for the most part. The only region to see an increase is the Rocky Mountain area, which increased a slight 7 tenths of a cent per gallon. All regions remain under the $3-per-gallon mark, according to EIA. Average U.S. retail pump prices for gasoline are also down this week. The average price per gallon dropped 6 cents to $2.277 from last week’s $2.337. That is 84.3-cents-per-gallon less than the same week last year. Gas prices are also down across the board, with every region remaining well below the $3-per-gallon mark. The most significant drop this week is 10.5 cents in the Midwest, where prices are down to $2.300 from last week’s $2.405.Oct. 20, 2015, is World Statistics Day, and EIA is celebrating with a 20-question energy quiz it created to highlight key energy statistics. According to EIA, the first World Statistics Day was celebrated in 2010 with more than 130 countries and areas participating. In 2012, the United Nations Statistical Commission decided to observe the day every five years on Oct. 20, EIA said.
About the Author

Cristina Commendatore

Cristina Commendatore was previously the Editor-in-chief of FleetOwner magazine. She reported on the transportation industry since 2015, covering topics such as business operational challenges, driver and technician shortages, truck safety, and new vehicle technologies. She holds a master’s degree in journalism from Quinnipiac University in Hamden, Connecticut.

Sponsored Recommendations

Reducing CSA Violations & Increasing Safety With Advanced Trailer Telematics

Keep the roads safer with advanced trailer telematics. In this whitepaper, see how you can gain insights that lead to increased safety and reduced roadside incidents—keeping drivers...

80% Fewer Towable Accidents - 10 Key Strategies

After installing grille guards on all of their Class 8 trucks, a major Midwest fleet reported they had reduced their number of towable accidents by 80% post installation – including...

Proactive Fleet Safety: A Guide to Improved Efficiency and Profitability

Each year, carriers lose around 32.6 billion vehicle hours as a result of weather-related congestion. Discover how to shift from reactive to proactive, improve efficiency, and...

Tackling the Tech Shortage: Lessons in Recruiting Talent and Reducing Turnover

Discover innovative strategies for recruiting and retaining tech talent in the trucking industry during this informative webinar, where experts will share insights on competitive...

Voice your opinion!

To join the conversation, and become an exclusive member of FleetOwner, create an account today!