Clean Diesel – Diesel Technology

Diesel Prices Continue Three-Week Slide

March 31, 2015

The national average cost of diesel fuel continued a three-week slide to $2.824, falling 4 cents from last week, while gasoline dropped by just under a cent to $2.448, according to the latest EIA numbers.

The Gulf Coast saw the lowest average diesel prices at $2.675 while the East Coast region came in just under $3 per gallon to $2.992. Compared with a year ago, diesel fuel prices are down more than 1.15 per gallon.

The highest gasoline prices could be found on the West Coast, averaging an even $3 per gallon while the cheapest pump prices were again in the Gulf Coast at $2.313 per gallon.

Fuel prices were on a steady incline toward the end of January and into the next month with February seeing the first month-to-month increase in diesel prices in eight months. But prices have tumbled in the past few weeks.

Recently, OPEC stated that despite the U.S. cutting its crude oil output, global supplies might not feel that effect until later in the year, according to USA Today.

U.S. inventories are still at all-time highs while demand remains low causing some analysts to predict a return to the low fuel prices seen toward the end of 2014 and at the beginning of this year.

Comment On This Story

Name:  
Email:  
Comment: (Maximum 10000 characters)  
Leave this field empty:
* Please note that every comment is moderated.

Article News

Popular Stories

FleetFAQ

Public Fleet Tracking And Telematics

Amin Amini from Verizon will answer your questions and challenges

View All

Recent Topics

What tool do you use to calculate residual value on heavy equipment? Thanks,

View Topic

We are planning on installing CO sensors in our FORD SUV Interceptor. Looking for choices as to what seem to work best.

View Topic

Fleet Documents

974 Fleet Documents (and counting) to Download!

Sponsored by

Car sharing is a form of car rental when where people rent cars for short periods of time, sometimes for only an hour or so at a time

Read more