Image

Diesel down less than a cent

Nov. 8, 2016
The average U.S. retail pump price for diesel fell less than a penny (0.9 cents, to be precise) in the Nov. 7 report by the EIA, to $2.47 per gallon.

For the third consecutive week, diesel prices didn’t do much.

The average U.S. retail pump price for diesel fell less than a penny (0.9 cents, to be precise) in the Nov. 7 report by the Energy Information Administration (EIA), to $2.47 per gallon. The price has held within a penny of that since mid-October, and that’s also about three cents cheaper than this time last year.

No region saw a change of even two cents, with the West Coast, less California, posting a 1.8-cent gain to $2.673, and the Central Atlantic ticking upward 0.01 cents to $2.584. New England broke even at $2.502.

Prices were down, though not by much, in the rest of the Lower 48:

  • -0.04 cents in the Lower Atlantic ($2.341 per gallon)
  • -1.8 cents in the Midwest ($2.425)
  • -0.09 cents in the Rocky Mountain ($2.532)
  • -1.3 cents on the Gulf Coast ($2.34, still the lowest price for a gallon of diesel in the country); and
  • -1.5 cents in California ($2.84, the highest price in the country).

The national average price for gasoline rose 0.3 cents for the week to $2.233.

Voice your opinion!

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

Sponsored Recommendations

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 ...

Driving Growth: How to Manage More Freight

Ready to grow your trucking business? Whether you have 25 or 200 trucks, this guide offers practical tips and success stories to help you expand with confidence. Discover how ...

How to Maximize Fleet Management with Vehicle Bypass

Join us on February 18th to learn how truck weigh station bypass systems boost fleet performance and driver satisfaction.

Optimizing your fleet safety program using AI

Learn how AI supports fleet safety programs with tools for compliance monitoring, driver coaching and incident analysis to reduce risks and improve efficiency.