Diesel prices continue to fall

user-gravatar

Good news on the diesel fuel market continues to pour in – if you’re the one paying for it.

Diesel continued to decline this week, falling half a cent t to $3.918 per gallon, down from $3.923. The decline marks the tenth drop in the past 11 weeks.

The rash of downturns, according to the Department of Energy (DOE), puts trucking’s primary fuel more than 23 cents below a $4.15 four-year high set on Oct. 15. Diesel is currently 13.5 cents higher than the same week a year ago.

Each week, DOE surveys about 350 diesel filling stations to compile a national snapshot average price.

Learn how to move your used trucks faster
With unsold used inventory depreciating at a rate of more than 2% monthly, efficient inventory turnover is a must for dealers. Download this eBook to access proven strategies for selling used trucks faster.
Download
Used Truck Guide Cover