The Car and Truck Fleet and Leasing Management Magazine

Diesel Prices See Major Drop

August 02, 2008

WASHINGTON, D.C. --- For the second week in a row, retail diesel prices tumbled in all regions of the country, according to a weekly report from the Energy Department.

The U.S. average price for diesel dropped to $4.603 per gallon, a decline of 11.5 cents, the department's Energy Information Administration (EIA) reported July 30.

Nonetheless, the price was $1.717 higher than a year ago. The average price on the East Coast fell 10.9 cents to $4.664 per gallon. The price in the Midwest remained the lowest of any region at $4.518 per gallon following a plunge of 13.1 cents. The average price in the Gulf Coast also plummeted 13.1 cents, to $4.57 per gallon.

In the Rocky Mountains, the price of $4.657 per gallon reflects a fall of 5.7 cents, the smallest decline of any region. On the West Coast, the average price decreased 7.9 cents to $4.766 cents per gallon. In California, the average price was $4.869 per gallon, a drop of 9.5 cents.


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.

Sponsored by

Don McCullagh was the founder and former president of McCullagh Leasing.

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