Diesel Price Falls for Third Straight Week
A slight drop in the price of diesel fuel marked the third straight week of declines, but costs are expected to remain close to the three-year high reached in November.
The Energy Information Administration reported the national average price of diesel was $1.287 a gallon on Dec. 20, 0.1 cent lower than the previous week.
But Diego Saltes, an analyst with the Economics and Statistical Analysis Department of American Trucking Associations, doesn’t see a significant price drop coming soon.
 | Fuel Prices | ||
| Week of Dec. 20: | |||
| source | price | change | |
| DOE | 128.7 | -0.1 | |
| Comdata | 126.6 | -1.0 | |
| OPIS self-serve | 127.9 | -0.9 | |
| OPIS wholesale | 71.0 | -1.0 | |
| |||
The relatively stable level recently — drops in the past three weeks have totaled 1.7 cents — has been a change from most of 1999, which has seen the price plummet to a historic low of 95.3 cents a gallon in February and rise to a high of $1.304 cents a gallon on Nov. 29.
 | |
For the full story, see the Dec. 27 print edition of Transport Topics. Subscribe today.
