Diesel average down another nickel
Thread Starter
|
Logistics Pro
Joined: Jun 2005
Posts: 4,243
Likes: 16
From: AZ
Diesel average down another nickel
By Land Line staff
The national average price for on-highway diesel fuel has dropped another nickel. The national average on Monday, June 18, was $3.729 per gallon according to the U.S. Energy Information Administration.
Diesel prices have come down 36 cents during the past seven weeks, and are currently averaging 22 cents lower than a year ago.
In California, diesel was down a dime for the week to $3.996. Regionally, all of the jurisdictions the EIA tracks are now averaging below the $4 mark.
Following is a roundup of average prices by region as posted Monday by the EIA:
U.S. – $3.729, down 5.2 cents
East Coast – $3.766, down 5.2 cents
New England – $3.923, down 5.1 cents
Central Atlantic – $3.868, down 4.1 cents
Lower Atlantic – $3.660, down 6.1 cents
Midwest – $3.655, down 4.1 cents
Gulf Coast – $3.654, down 4.4 cents
Rocky Mountain – $3.832, down 4.1 cents
West Coast – $3.899, down 9.2 cents
West Coast less California – $3.820, down 8.2 cents
California – $3.966, down 10.0 cents
The daily average for the continental U.S., as tracked by ProMiles, was at $3.732 on Monday, down nearly half-a-cent over the weekend and about 3 cents for the week.
Light sweet crude oil, the type associated with domestic diesel production, was trading at just over $83 a barrel on Monday, down about $1 over the weekend. European crude oil, known as Brent crude, was down about $2 a barrel on Monday to $95.81. Analysts said the drop was due to public concerns about the election in Greece and a new economic outlook in Spain.
Copyright © OOIDA
The national average price for on-highway diesel fuel has dropped another nickel. The national average on Monday, June 18, was $3.729 per gallon according to the U.S. Energy Information Administration.
Diesel prices have come down 36 cents during the past seven weeks, and are currently averaging 22 cents lower than a year ago.
In California, diesel was down a dime for the week to $3.996. Regionally, all of the jurisdictions the EIA tracks are now averaging below the $4 mark.
Following is a roundup of average prices by region as posted Monday by the EIA:
U.S. – $3.729, down 5.2 cents
East Coast – $3.766, down 5.2 cents
New England – $3.923, down 5.1 cents
Central Atlantic – $3.868, down 4.1 cents
Lower Atlantic – $3.660, down 6.1 cents
Midwest – $3.655, down 4.1 cents
Gulf Coast – $3.654, down 4.4 cents
Rocky Mountain – $3.832, down 4.1 cents
West Coast – $3.899, down 9.2 cents
West Coast less California – $3.820, down 8.2 cents
California – $3.966, down 10.0 cents
The daily average for the continental U.S., as tracked by ProMiles, was at $3.732 on Monday, down nearly half-a-cent over the weekend and about 3 cents for the week.
Light sweet crude oil, the type associated with domestic diesel production, was trading at just over $83 a barrel on Monday, down about $1 over the weekend. European crude oil, known as Brent crude, was down about $2 a barrel on Monday to $95.81. Analysts said the drop was due to public concerns about the election in Greece and a new economic outlook in Spain.
Copyright © OOIDA
Hotshot
Joined: Oct 2003
Posts: 17,791
Likes: 99
From: Ashland City, TN
Petrol is always 50-60 cents lower in my area.
Saw 87 at 309 yesterday.
Somebody is ramping up for election.
Now, I would be a lot better off with 309 diesel. Ug. Still paying 369 here.
Thanks for the update.
Saw 87 at 309 yesterday.
Somebody is ramping up for election.
Now, I would be a lot better off with 309 diesel. Ug. Still paying 369 here.
Thanks for the update.
Lead Driver
Joined: Dec 2003
Posts: 5,250
Likes: 42
Analysts will NOT say this happens every four years. It's like leap year.......It will continue to drop as we approach Nov. 4 unless a major hurricane causes severe damage.
Think about it...... if those wildfires were happening on a non-election year, the price of crude would be going up because, some how, the wells would be effected by the fires. Colorado has over 35,000 operating oil and gas wells, and companies are drilling thousands of new ones each year.
Post Fiend
Joined: Mar 2007
Posts: 26,966
Likes: 50
From: Texas
I saw 3.39 today. I got excited for a second, then quickly became depressed when I remembered back to my younger days when I would put $3 of gas in my truck to go cruising around on a Friday night.
Trending Topics
Postmaster
Joined: Nov 2007
Posts: 2,557
Likes: 0
From: Bucks county PA
87 octane is $3.34 per gal. and diesel fuel is $3.57 per gal. Been steadily dropping and hoping it continues!
FTE Stories
Ford Trucks for Ford Truck Enthusiasts
AEV FXL Super Duty - the Super Duty Raptor Ford Doesn't Make
Brett Foote
Lobo Vs Lobo: Proof the F-150 Lobo Should Be Even Lower!
Michael S. Palmer
Ford's 2001 Explorer Sportsman Concept Looks For a New Home
Verdad Gallardo
10 Best Ford Truck Engines We Miss the Most!
Joe Kucinski
2026 Shelby F-150 Off-Road: Better Than a Raptor R?
Brett Foote
2027 Super Duty Carhartt Package First Look: 12 Things You NEED to Know!
Michael S. Palmer
10 Most Surprising 2026 Ford Truck Features!
Joe Kucinski
Top 10 Ford Trucks Coming to Mecum Indy 2026
Brett Foote
5 Best / 5 Worst Ford Truck Wheels of All Time
Joe Kucinski
Thread
Thread Starter
Forum
Replies
Last Post
nlemerise
1999 - 2003 7.3L Power Stroke Diesel
5
Oct 1, 2013 11:52 PM
nlemerise
1999 - 2003 7.3L Power Stroke Diesel
21
Nov 8, 2012 05:50 PM
nlemerise
1999 - 2003 7.3L Power Stroke Diesel
4
Jul 4, 2012 07:05 PM
nlemerise
1999 - 2003 7.3L Power Stroke Diesel
9
Mar 16, 2012 03:56 AM