Diesel price jumps three cents

    Aug. 19, 2002
    The average price at the pump for a gallon of diesel fuel jumped three cents this week amidst rumors the U.S. will attack Iraq, which could very likely disrupt oil flow. The Dept. of Energy said the price rose to $1.333, the highest it's been since the price hit the $1.32 mark on April 15. According to the department's Energy Information Administration, California saw the biggest rise, 6.6 cents to
    The average price at the pump for a gallon of diesel fuel jumped three cents this week amidst rumors the U.S. will attack Iraq, which could very likely disrupt oil flow.

    The Dept. of Energy said the price rose to $1.333, the highest it's been since the price hit the $1.32 mark on April 15.

    According to the department's Energy Information Administration, California saw the biggest rise, 6.6 cents to $1.509. The price was virtually flat in New England, where it rose from $1.407 to $1.416.

    The White House said on Monday it had no plans at this time to tap into the nation's emergency oil stockpile, but cited the possibility of "risks ahead in the markets" in urging Congress to pass the president's energy plan.

    About the Author

    Tim Parry

    Tim Parry is a former FleetOwner editor. 

    Voice your opinion!

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

    Continue Reading

    Sponsored Recommendations

    Help drivers improve habits with tools that actually change behavior. This guide shows how Geotab Vitality helps fleets coach with data, reward improvement and build better habits...
    Smarter fleets, safer roads—uncover how innovative technology is revolutionizing the transportation industry and making fleets safer and more efficient for everyone.
    Unlock the secrets to smarter eet routing - discover how dynamic route optimization can cut costs, boost efciency, and help you adapt to real-world challenges.
    Discover how eets can evaluate, select, and implement trailer telematics with condence. This step-by-step guide walks you through the entire process, so you can improve visibility...