Diesel back below $4 a gallon

The national average retail diesel price dropped 3.6 cents to $3.991 a gallon during the week ended Dec. 10, according to the U.S. Department of Energy’s Energy Information Administration. The latest weekly price is 9.7 cents above the same week last year.

Diesel prices fell in all regions, led by a drop of 6.4 cents on the West Coast excluding California. New England had the nation’s most expensive diesel on average at $4.175 a gallon, but the Central Atlantic was barely lower at $4.174 a gallon. The least expensive diesel on average was in the Gulf Coast region at $3.874 a gallon.

Complete diesel price information is available on EIA’s Website.

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Just wondering how much the recent push towards natural gas fueled trucks has influenced the diesel down trend in pricing. If this is a correct assumption, will the downward trend continue......

Avery Vise is executive director, trucking research and analysis for Randall-Reilly Business Media and also serves as senior editor, industry analysis for Commercial Carrier Journal. Previously, he was editorial director of Randall-Reilly’s Fleet/Dealer/Aftermarket group and had served as chief editor of CCJ for 10 years. From 1985 to 1998, Vise worked for McGraw-Hill’s Aviation Week Group, covering Congress and the Department of Transportation for publications about the commercial aviation industry. He has received numerous awards from American Business Media and the American Society of Business Publication Editors for his coverage of the trucking industry. Vise is a graduate of Georgetown University in Washington, D.C., with degrees in government and history.