diesel News Updates

Business, Fuel

Diesel Rises 0.3¢ to $1.983; First Increase in 14 Weeks

The U.S. diesel average rose 0.3 cent to $1.983 last week, the first increase in 14 weeks, the Department of Energy reported. Two fleet executives told Transport Topics they did not expect to see pump prices to spike but did share concerns about how regional price and tax variances can create business pressures.

February 29, 2016
Business, Fuel

Diesel Bumps Up Three-Tenths a Cent to $1.983

The national average retail price of diesel fuel climbed ever so slightly, ending 14 consecutive declines, the Department of Energy reported.

February 22, 2016
Business, Fuel

Truck Sales Dip in January

U.S. retail sales of Class 8 vehicles nearly reached 16,000 in January, but analysts said the anticipated softening in demand has taken hold.

February 22, 2016
Business, Fuel

Diesel Average Tumbles Below $2 for First Time Since February 2005

The national average retail price of diesel fuel fell below $2 a gallon, passing yet another long-standing threshold after setting an 11-year low the previous week, the Department of Energy reported.

February 22, 2016
Business, Fuel

Diesel Falls to Below $2 a Gallon

The average diesel retail price fell 2.8 cents last week to $1.980 a gallon, the lowest price since Jan. 24, 2005, when it was $1.959.

February 16, 2016
Business, Fuel

Diesel Hits 11-Year Low

The average diesel retail price fell 2.3 cents last week to $2.008 a gallon, the lowest price in nearly 11 years, when it was $1.986.

February 15, 2016
Business, Fuel

Ex-Pilot President Mark Hazelwood, Seven Others Indicted in Diesel Fuel Rebate Fraud

KNOXVILLE, Tenn. — Former Pilot Flying J President Mark Hazelwood was arraigned Feb. 9 on charges including conspiracy to commit wire fraud and mail fraud as well as witness tampering in a nearly three-year investigation.

February 9, 2016
Business, Fuel

Diesel Sets Record Low, Falling 2.3¢ to $2.008

The U.S. retail diesel average price fell for the 13th consecutive week, dropping 2.3 cents a gallon to $2.008 and setting a record low in the era of ultra-low-sulfur fuel, the Department of Energy reported.

February 8, 2016
Business, Fuel

US Diesel Average Declines 4¢ to $2.031; Price Has Fallen 47.1¢ Over 12 Weeks

The U.S. retail diesel average price fell for the 12th consecutive week, dropping 4 cents a gallon to $2.031, less than 1 cent above the lowest price in the era of ultra-low-sulfur fuel, the Department of Energy reported.

February 8, 2016
Business, Fuel

Diesel Drops 4¢ to $2.031; Price is Less Than a Penny From Lowest Ever for ULSD

The U.S. retail diesel average fell for the 12th consecutive week, dropping 4 cents a gallon to $2.031 and putting it just eight-tenths of a cent higher than the lowest price ever in the era of ultra-low-sulfur diesel, the Department of Energy reported.

February 1, 2016