Diesel reaches 51-week high

Sept. 17, 2002
The national average price at the pump for a gallon of diesel broke $1.40 yesterday, the first time it reached that level in 51 weeks, according to the U.S. Dept. of Energy. The department's Energy Information Administration said the national average hit $1.414, which is 1.8 cents higher than it was last week. Diesel prices soared to $1.473 last September 24 as the U.S. prepared for war in the Middle
The national average price at the pump for a gallon of diesel broke $1.40 yesterday, the first time it reached that level in 51 weeks, according to the U.S. Dept. of Energy.

The department's Energy Information Administration said the national average hit $1.414, which is 1.8 cents higher than it was last week. Diesel prices soared to $1.473 last September 24 as the U.S. prepared for war in the Middle East.

The price has jumped weekly since mid-August amidst rumors the U.S. will attack Iraq, which could disrupt oil flow.

Drivers in California are paying the highest price at $1.618, which is actually one-fifth of a penny less than they were paying last week. West Coast drivers pay the second-highest price at $1.557, nine-tenth of a cent higher than last week.

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!