• Diesel prices fall below $2.50 per gallon

    Diesel prices fell just below $2.50 per gallon this week, dropping 2.4 cents to $2.493, according to the most recent data from the EIA.
    Sept. 22, 2015
    2 min read
    Image
    Diesel prices fell just below $2.50 per gallon this week, dropping 2.4 cents to $2.493, according to the most recent data from the Energy Information Administration (EIA).This week’s price is $1.285 per gallon cheaper than the same week last year, EIA said. Diesel dipped in every region this week – with all regions under the $3-per-gallon mark. The most significant drop was a 4-cent decrease in New England.Average U.S. retail pump prices for gasoline were also down, slipping 4.8 cents to $2.327 from last week’s $2.375, according to EIA. That is $1.026-per-gallon less than the same week last year. Overall, gas prices are down across the board, with the most significant drop in the West Coast – down 8.1 cents to $2.911. All regions remain under the $3-per-gallon mark.According to EIA, U.S. inventories of propane and propylene reached 97.7 million barrels as of Sept. 11. That is the highest level in the 22 years that EIA has collected weekly propane inventory statistics. In the past year, nearly all of the increases in inventories occurred in the Gulf Coast region, EIA said. In the U.S., propane is mainly used for space heating and as a feedstock for petrochemical plants, as well as for drying agricultural crops, according to EIA. The agency mentioned that relatively small amounts of propane are used for fueling vehicles.

    About the Author

    Cristina Commendatore

    Cristina Commendatore is a past FleetOwner editor-in-chief. She wrote for the publication from 2015 to 2023. 

    Voice your opinion!

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

    Sign up for our free eNewsletters

    Latest from Emissions & Efficiency

    Jeremy Wolfe | FleetOwner
    natural gas combustion engine
    With several alternative powertrains in heavy-duty trucking today, how are major engine manufacturers adjusting? Derek Kiesler, Cummins' director for North America on-highway ...
    81443784 | Vitpho | Dreamstime.com
    trucking efficiency
    When you couple a truck spec’d properly for its duty cycle with technologies that improve efficiency and a driver who is hyper-focused on fuel efficiency, you’ll have a winning...
    106790704 | Vitpho | Dreamstime.com
    National diesel and gas prices surge: Latest regional trends and insights
    Diesel and gas prices rose to $3.572 and $3.139, respectively.