Diesel prices continue to climb
Posted By:
Tom Sanderson
Date Posted:
Monday, December 27, 2010
5:55 PM
Weekly retail on-highway U.S. diesel prices increased by 4.6 cents to $3.294 per gallon, and are up 13.2 cents in the last 4 weeks. Prices are at the highest level since 10/27/08, when prices were rapidly falling. 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. Up until the last two months, prices in 2010 had fallen between pricing levels of the prior two years, but now exceed 2008 and 2009 prices for the same week which is better illustrated in our second graph.
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Diesel fuel prices