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Expect the cost of on-highway diesel to average $3.81 per gallon this year, 11 cents less than 2013’s average price. The new monthly U.S. Energy Department Short-Term Energy Outlook is calling for the price to be even less in 2015, averaging $3.72 per gallon.
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The average cost of diesel in the United States started off 2014 slightly higher than where it ended last year, according to a weekly U.S. Energy Department report and is also at its highest level since late September.
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Fuel prices in the future may not be as high as some earlier feared, according to updated projections for U.S. energy markets through 2040, but natural gas is expected to grow, just not as rapidly as earlier believed.
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The average cost of diesel has trickled down for a second straight week, according to new figures from the U.S. Energy Department.
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Look for fuel prices to be lower next year, according to a new report from the U.S. Energy Department’s Energy Information Administration. It forecasts diesel fuel prices, which averaged $3.97 per gallon in 2012, are projected to average $3.92 per gallon this year and $3.77 per gallon in 2014
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No sooner than had the average cost of diesel fuel had started heading higher it has reversed course, according to new U.S. Energy Department figures.
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The average price of diesel continues moving higher, hitting its highest average cost since late October. The national average was up 3.9 cents from last week, to $3.883 per gallon, according to the U.S. Energy Department.
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With the sign-off of a judge on a settlement, the truckstop chain Pilot Flying J can finally start to close a chapter in a drama that’s been playing out since mid-April.
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The average cost of diesel has turned higher this week for the first time since the first of September while gasoline has increased for the second consecutive week.
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The average cost of fuel in the U.S. continues falling with diesel hitting its lowest price since early July.
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