The Car and Truck Fleet and Leasing Management Magazine

Diesel Prices Slip from Record Highs

July 28, 2008

WASHINGTON, D.C. --- For the first time since June 30, the U.S. average retail diesel price dropped, according to a Department of Energy report released July 23.

The department's Energy Information Administration (EIA) said the price of diesel slipped 4.6 cents to $4.718 per gallon during the week. Prices decreased in all five regions from the record highs set the previous week.

The average price on the East Coast dropped 4.9 cents to $4.773 per gallon. The price in the Midwest remained the lowest of any region at $4.649 per gallon, representing a decrease of 4.9 cents.

The average diesel price in the Gulf Coast slipped 3.6 cents to $4.701 per gallon, the EIA said. The price decline in the Rocky Mountains was the smallest of any region, shrinking just four-tenths of a cent to $4.714 per gallon.

On the West Coast, the average diesel price decreased the most, dropping 6.4 cents to $4.845 per gallon. In California, the average price slipped below $5 for the first time since June 30, falling 6.2 cents to $4.964 per gallon.



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

Executive editor and associate publisher for Automotive Fleet Magazine, and the editor for several other fleet-related magazines produced by Bobit Business Media.

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