• Diesel prices fall another dime

    Average diesel prices fell ten cents per gallon for the week of August 4, 2008, following a 12-cent drop the previous week, according to the Energy Information Administration (EIA)
    Aug. 5, 2008

    Average diesel prices fell ten cents per gallon for the week of August 4, 2008, following a 12-cent drop the previous week, according to the Energy Information Administration (EIA).

    Oil prices hit $118 a barrel today, the lowest price it has been in three months, according to The New York Times, a significant drop from the $147.27 reached on July 11th. While the drop in fuel prices hasn’t been as steep, it is still more than a quarter per gallon lower than the all-time high of $4.76 recorded on July 14th.

    The most expensive area of the country continues to be New England, where a gallon averages $4.74. The least expensive area is the Midwest, where the average is $4.42.

    View more Fleet Owner news relating to alternative fuels, hybrid technologies, fuel conservation and diesel fuel prices.

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