The Car and Truck Fleet and Leasing Management Magazine

Diesel Fuel Price Rises 2.8 Cents

April 10, 2002

Drivers of diesel trucks spent an average of $8.40 more this week than last week to fill their tanks. A report by the Department of Energy states that the average price of a gallon of diesel continued to climb this week, reaching $1.323 per gallon on April 8, which is 2.8 cents above last week at this time and 16.9 cents above the price six weeks ago.Numerous reasons are stated for the price increase, including the fact that the Organization of Petroleum Exporting Countries (OPEC) has maintained production discipline in the face of an upturn in demand, hoping to keep the price per barrel within the $25 - $28 range.Other explanations include the continuing unrest in the Middle East, which may have added as much as $6 per barrel to the price of crude oil, as well as the switchover to gasoline production for the summer driving season, which reduces the supply of diesel.
Twitter Facebook Google+


Please note that comments may be moderated. 
Leave this field empty:

Fleet Incentives

Determine the actual cost of owning and running a vehicle in your fleet. Compare vehicles by class and model.


Fleet Faq Fuel Management

Bernie Kanavagh from WEX will answer your questions and challenges

View All


Fleet Tracking And Telematics

Todd Ewing from Fleetmatics will answer your questions and challenges

View All


Fleet Management And Leasing

Merchants Experts will answer your questions and challenges

View All


Sponsored by

Jacobs first named his company Rent-a-Ford, but then changed it to Rent-a-Car, and finally to the Yellow Driv-ur-self System. In 1923, Jacobs sold his company to John Hertz and was hired as Hertz's top operating and administrative executive.

Read more

Fuel Saving Strategies Survey

View our 2008 survey to benchmark your fleet's fuel and green strategies with other fleets.

Fuel Calculator

A managed fuel program can help you save time and money and gain control over the way you fuel your vehicles. Determine your potential savings by using our fuel calculator.
Launch Fuel Calculator 

Fuel Prices

U.S. Gasoline and Diesel Fuel Prices.

Launch Fuel Prices 

Up Next

More From The World's Largest Fleet Publisher