Diesel hits $1.37

Aug. 27, 2002
The average price at the pump for a gallon of diesel fuel rose 3.7 cents to $1.37 this week, according to the U.S. Dept. of Energy. Analysts say the price has risen from $1.30 two weeks ago amidst rumors the U.S. will attack Iraq, which could very likely disrupt oil flow. According to the department's Energy Information Administration, the price is the highest it's been since last October 8, when
The average price at the pump for a gallon of diesel fuel rose 3.7 cents to $1.37 this week, according to the U.S. Dept. of Energy.

Analysts say the price has risen from $1.30 two weeks ago amidst rumors the U.S. will attack Iraq, which could very likely disrupt oil flow.

According to the department's Energy Information Administration, the price is the highest it's been since last October 8, when it dropped 1.9 cents to $1.371.

Drivers in California have taken the biggest hit at the pump in August, where the price has jumped 12.8 cents to a nation-high $1.556 a gallon.

About the Author

Tim Parry

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!