Diesel Dips in Fourth Straight Decline

Diesel dipped 1.6 cents to $4.057 a gallon, its fourth straight decline and the fifth in six weeks, as oil hit a three-month low and gasoline also fell.Gasoline dropped 4 cents following a 4-cent decline last week, leaving the price at $3.79 a gallon. Gas has declined 15.1 cents in five straight declines.The diesel downturn left trucking’s main fuel 4.7 cents below the same week a year ago, while gas is 17.5 cents lower. Diesel has slid 9.1 cents in the past four weeks. Despite that decline, this week’s price is 27.4 cents over the year’s low $3.783, reported on Jan. 2.

For more information on how Sokolis Group can help you set up a fuel management program to save on your fuel purchases, call us at 267-482-6155. Or reach out to us at www.SokolisGroup.com.

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