Diesel Dives 7¢ to $3.535 as Oil Continues to Drop
Diesel’s pump price dove 7 cents to $3.535 a gallon, the biggest drop in two years, the Department of Energy reported Dec. 8, as oil plunged to a new five-year low near $63 a barrel.
Diesel, Gasoline Continue to Fall as Oil Plunges to Five-Year Low
A decision by the OPEC oil cartel to maintain its production levels sent crude oil prices plummeting to five-year lows, which sent U.S. retail diesel and gasoline average prices tumbling, too.
December 8, 2014Diesel Falls 2.3¢ After Plunge in Crude Oil Prices
Diesel’s national average pump price declined 2.3 cents to $3.605 a gallon, the Department of Energy reported Dec. 1, after last week’s plunge in oil prices to a five-year low.
Natural-Gas Industry Lobbies Congress to End Tax Disparity Between LNG, Diesel
Advocates of natural gas are pressing Congress to pass legislation in the lame-duck session that would end the disparity between the federal fuel tax on liquefied natural gas and diesel fuel.
December 1, 2014Diesel Average Falls 3.3¢ to $3.628
The U.S. retail diesel average fell 3.3 cents to $3.628 a gallon last week as the Midwest continued to recover from a brief price spike in November, the Department of Energy reported.
December 1, 2014Diesel Drops 3.3¢ to $3.628; Gas Plunges 7.3¢ to Four-Year Low
Diesel fell 3.3 cents to $3.628 a gallon, a half-cent above the 3½ year low level of three weeks ago, the Department of Energy reported Nov. 24.
Diesel Drops 1.6¢ to $3.661
The U.S. retail diesel average resumed its downward trend last week, slipping 1.6 cents to $3.661 a gallon, the Department of Energy reported.
November 24, 2014Diesel Resumes Decline After One-Week Increase
Diesel’s national average pump price resumed its downward trend Nov. 17 after last week’s increase, slipping 1.6 cents to $3.661 a gallon, the Department of Energy reported.
Diesel Gains 5.4¢ to $3.677
The national average diesel price rose last week for the first time since June, jumping 5.4 cents a gallon to $3.677, led by a hefty leap in the Midwest, the Department of Energy said.
November 17, 2014Diesel Rises 5.4¢ in First Gain Since June
Diesel’s national average price rose for the first time since June, gaining 5.4 cents to $3.677 a gallon, the Department of Energy reported Nov. 10. Meanwhile, the national average price of gasoline fell again, by 5.2 cents to $2.941 a gallon.