Diesel down three cents

Feb. 10, 2009
The average diesel price in the U.S. decreased three cents to $2.22 per gallon for the week of February 9, according the Energy Information Administration (EIA)

The average diesel price in the U.S. decreased three cents to $2.22 per gallon for the week of February 9, according the Energy Information Administration (EIA). This puts prices at their lowest level since May 2005, when they averaged $2.16.

Although diesel prices continue to fall, the price of crude oil has been rising, climbing above $41 a barrel as investors hope that the proposed U.S. stimulus package will counter falling crude demand, the Associated Press has reported.

The most expensive area for diesel fuel continues to be New England, where it averaged $2.58 per gallon. The least expensive area is the Gulf Coast region, where it averaged $2.16 per gallon.

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!