Diesel Drops 2.1¢ to $4.127 a Gallon

Diesel fuel prices fell for the second time in three weeks — but just the third since early January — dropping 2.1 cents to $4.127 a gallon. Gasoline, meanwhile, fell for a second straight week, dropping 1.7 cents to $3.922. Diesel is now 2.2 cents higher than the same week a year ago, while gas is 7.8 cents higher. Last week’s $4.148 diesel price was the highest since trucking’s main fuel was $4.208 on Aug. 18, 2008. Monday’s diesel decline was the biggest this year — the most since a 3.7-cent downturn on Dec. 26. Gasoline’s was the biggest since a 5.7-cent drop on Dec. 19. Diesel has gained a cumulative 34.4 cents since registering a year-low $3.783 on Jan. 2.

For more information on setting up a fuel management program for your company contact Sokolis Group at 267-482-6155 or www.sokolisgroup.com.

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