Diesel prices down despite refinery troubles

Sept. 16, 2008
Refinery outages due to Hurricane Ike have not affected diesel prices, and the average price for a gallon of diesel fuel fell four cents in the week of September 15th, according to the Energy Information Administration (EIA)

Refinery outages due to Hurricane Ike have not affected diesel prices, and the average price for a gallon of diesel fuel fell four cents in the week of September 15th, according to the Energy Information Administration (EIA).

Crude oil traded as low as $90.83 per barrel today, according to CNNMoney.com, a drop of more than $50 per barrel since the all-time high of $147.27, set on July 11th. Diesel prices are down to an average of $4.02 a gallon, although gasoline prices skyrocketed more than 18 cents a gallon since last week.

The average diesel price is below $4.00 per gallon in only one region, the Midwest, where it averages $3.97. The most expensive region continues to be New England, where a gallon of diesel averages $4.25.

View complete Hurricane Ike coverage from Fleet Owner and other Penton Media publications.

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