The Car and Truck Fleet and Leasing Management Magazine

Diesel Price Falls 1.4 Cents Per Gallon

June 13, 2002

According to a survey by the U.S. Department of Energy (DOE), the price of diesel fuel fell by 1.4 cents per gallon to a national average of $1.286 during the week of June 2–8.Diesel is the primary fuel used by the trucking industry. The report noted that the other major fuel used in the trucking industry, gasoline, also fell in the same week by 1.7 cents per gallon, to a national average of $1.375. The report went on to say that it was the largest drop since the price fell by 1.9 cents on Dec. 3, 2001.This brought the retail price to its lowest level since March 25, when the average stood at $1.281 per gallon. Diesel prices slipped in each of the geographic regions that the DOE surveys, with the largest decline being a 2.2-cent fall in the Midwest that pushed prices to $1.261 per gallon.The survey covers about 350 filling stations nationwide to determine the average retail prices.
Twitter Facebook Google+

Comments

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.

FleetFAQ

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

The specific name given in the United Kingdom to closed end leases, i.e., leases with a fixed term (24 months, 36 months, etc.) wherein the lessor assumes most risks of ownership, notably depreciation and funding, defined levels of administration, and certain expenses of licensing or registration.

Read more

Up Next

More From The World's Largest Fleet Publisher