Diesel prices hit new low

Jan. 27, 2009
The average diesel price in the U.S. decreased three cents to $2.27 per gallon for the week of January 26, according the Energy Information Administration (EIA)

The average diesel price in the U.S. decreased three cents to $2.27 per gallon for the week of January 26, according the Energy Information Administration (EIA), hitting the lowest level since June 13, 2005. Prices are more than $1 cheaper than they were one year ago.

However, crude oil prices have increased the past two weeks, settling at $45.28 a barrel this morning, the Associated Press reported, as OPEC countries’ promise to limit supplies has caused prices to rise from $37.96 on January 13th.

The most expensive area for diesel fuel continues to be New England, where it averaged $2.60 per gallon. The least expensive area is the Gulf Coast region, where it averaged $2.20 per gallon.

Voice your opinion!

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

Sponsored Recommendations

Take Control of Your Finances: A Practical Guide for Carriers in Trucking

This guide is designed to help you navigate these challenges, featuring strategies for automation, examples of effective tools, and a real-world success story from Phoenix Cargo...

Report: The 2024-2025 State Of Heavy-Duty Repair

Fullbay's fifth annual State of Heavy-Duty Repair compiles insights from almost 1,000 experts and over 3,500 shops. If you aren't leveraging these proven data points, your competition...

Guide For Managing Maintenance

The Guide for Managing Maintenance is a comprehensive resource designed to help fleet managers improve their maintenance operations, reduce downtime, and lower overall fleet costs...

The Road Ahead: 2025 Trucking and Fleet Insights

Discover how fleet operators are impacted by challenges like driver onboarding delays and complex compliance, and the critical need for technology to boost efficiency and cut ...