Diesel prices fall for 14th straight week, reports EIA
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LM Podcast Series: Assessing the freight transportation and logistics markets with Tom Nightingale, AFS Logistics Investor expectations continue to influence supply chain decision-making Under-21 driver pilot program a bust with fleets as FMCSA seeks changes Diesel back over $4 a gallon; Mideast tensions, other worries cited Four U.S. railroads file challenges against FRA’s two-person crew mandate, says report More NewsThe national average for diesel gasoline prices fell for the 14th consecutive week, according to data issued by the Department of Energy’s Energy Information Administration this week.
The average price dropped 4.7 cents to $2.514 per gallon, which now stands at the lowest weekly average price for diesel since July 2009, when it was at $2.542 the week of July 27, 2009, according to EIA data.
The 4.7 cent drop follows a 5.4 cent decline last week, with prices falling a cumulative 40 cents since the week of May 25.
On an annual basis, the current diesel average is down $1.30.
Oil is currently trading at $47.21 on the New York Mercantile Exchange.
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