Diesel prices take a dive
 

By Kimberely Lennard, Land Line staff writer

The U.S. Energy Information Administration reports the national average price of diesel for the week ending Oct. 29 at $4.03, a drop of 8.6 cents over last week. Although still 13.8 cents higher than the same week last year, the gap in prices over last year was less compared with last week’s 29.1 cent difference.

Diesel prices plummeted 11.7 cents in the Midwest and California, making the Midwest the lowest region for fuel at $3.984 and California the highest at $4.268.

The price of diesel as reported by EIA for each region is as follows:

• U.S. – $4.030, down 8.6 cents
• East Coast – $4.036, down 7.2 cents
• New England – $4.205, down 3.8 cents
• Central Atlantic – $4.149, down 5.4 cents
• Lower Atlantic – $3.921, down 9 cents
• Midwest – $3.984, down 11.7 cents
• Gulf Coast – $3.945, down 5.4 cents
• Rocky Mountain – $4.195, down 4.8 cents
• West Coast – $4.187, down 11.1 cents
• West Coast less California – $4.092, down 10.3 cents
• California – $4.268, down 11.7 cents

ProMiles, which surveys diesel prices daily at 9,400 truck stops, reported diesel prices at $4.054 on Monday, four-tenths of a cent lower than Sunday and 7.7 cents below this past Monday.


Copyright © OOIDA

Thanks as always, Neal.


Counting Down .........

Still getting bent over here in Billings...$4.09

I was telling my youngest son last night that diesel was $1.50 when I bought our Excursion in 2004, he about crapped...I long for those days!!!

Better gas up, its on its way back up for sure!

Really miss the days of when it was always .10-.20 cheaper than regular unleaded, and unleaded was less than $1!

From another source, HDT (Heavy-Duty Trucking):

It's unclear what direction oil, diesel and gasoline prices will take in the wake of Hurricane Sandy. Fuel product futures initially jumped reflecting fears that power outages and flooding could leave refiners struggling to restore operations The storm has brought production at U.S. East Coast refineries comes to a standstill.

However, diesel and gasoline consumption by businesses and households could also be cut sharply after New York and other large cities are shut down by the storm. Power outages lasting as long as 10 days may reduce demand further.

WOW... bet that would read completely different it the election wasn't a week away! That is the complete opposite of what they have said before in these types of situations.

Agree, thats why I said what I said.

I remember when I could fill my car from empty for $10. And for reference, I turned 31 13ish days ago. I also didn't get my license until I turned 17, my younger sister, by 2 years, had hers before I had mine.

Edit:
I just thought about how much I make now, versus then.
Back then I made min wage $5.15/hour. I had to work at least 2 hours to fill my car up.
Now I make closer to $30/hour and I have to work 3 hours to fill up.
WTF?

A few years back (52 to be exact), I was 16 years old and worked at the local Shell station. regular gas was 34.9, diesel was 19 cents. You could buy "off road diesel" for 14 cents. Those numbers, including the age are fond in my memories.:)

my wage was $1.35 an hour.

boy i wish it would go down.

You are 2 years younger than me. Got my license at 16, and remember putting $1 in just to get around, or friends would give a buck or two for a ride home. Try that now, lol............




You sound like my pops, but he's 12 years more experienced.

I'd be able to go about 10 miles. But thats only because I'm averaging 40mpg in my jetta TDI, and 30ish in my tracker. and with the $3/gal gas and $4/gal diesel here right now, I'd go roughly the same distance in both.

*goes and looks at fuelly*
so it costs me about $.10/mi in my tracker, about $.09/mi in my jetta, and roughly $.22/mi in my f350. thats just straight fuel costs. I have to go get a "new" alt for my truck to get it moving again, cheapest in town is $180+core. I looked up parts, looks like about $120 if I want to rebuild... but I'm running out of time for waiting on shipping (and money) since I move next week.