The Car and Truck Fleet and Leasing Management Magazine

National Diesel Fuel Price Jumps 3.7 Cents To $1.37

August 29, 2002

The national average price for a gallon of diesel fuel rose 3.7 cents last week to $1.37, a move reminiscent of last year. Seasonal factors typical of the fourth quarter will likely increase prices. Over the last two weeks, the price of trucking’s main fuel has risen 6.7 cents, the largest two-week rise since Aug. 20 - Sept. 3, 2001, when the price rose 9.4 cents. Gasoline, another major fuel for the trucking industry, had its average price rise 1.1 cents a gallon to $1.403. Rising fuel prices can cut into the profits of trucking companies. The increase pushed the price to its highest point since Oct. 8, 2001, when it was $1.371. The price rose at least 2.1 cents in each of the geographic regions that the DOE’s Energy Information Administration surveys. The largest gains were made in the Midwest and along the Gulf Coast, where price rose 4.5 and 4.1 cents, respectively. Only the New England section of the East Coast region did not see a significant price spike, rising only 0.2 cent.
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 Tracking And Telematics

Todd Ewing from Verizon Connect will answer your questions and challenges

View All


Fleet Management And Leasing

Jack Firriolo from Merchants will answer your questions and challenges

View All


Fuel Management

Bernie Kanavagh from WEX will answer your questions and challenges

View All


Sponsored by

Stephen Levine was the fleet manager for Pfizer for 22 years, director of U.S. Fleet, and the 1999 Professional Fleet Manager of the Year.

Read more

Up Next

More From The World's Largest Fleet Publisher