Diesel prices jump 4.9 cents to $3 per gallon
Posted By:
Tom Sanderson
Date Posted:
Thursday, October 07, 2010
10:31 AM
Weekly retail on-highway U.S. diesel prices increased 4.9 cents to $3.000 per gallon from $2.951 in the prior week. Prices have been in a fairly tight range since early March with a low of $2.899 and a high of $3.131, which is better illustrated in our second graph. Diesel prices peaked at $4.764 per gallon in July of 2008 and were above $3 per gallon from September 24, 2007 to November 3, 2008. Prices in 2010 continue to fall between pricing levels of the prior two years, but with much lower volatility.
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Diesel fuel prices