Trucking news and briefs for Wednesday, April 26, 2023:
Last week’s slight uptick in fuel prices ended a 10-week run of declines for diesel’s national average, but the fall in prices resumed during the week ending April 24, according to the Department of Energy’s Energy Information Administration.
According to EIA, diesel’s national average fell 3.9 cents over the last week to a national average of $4.08, the lowest since the week ending Feb. 21, 2022, before Russia’s invasion of Ukraine. Diesel prices are now $1.08 lower than the same week a year ago.
During the most recent week, prices fell in all but two regions -- Rocky Mountain, which saw a 2-cent increase, and the West Coast less California, where prices crept up a fraction of a cent.
The most significant decrease was seen in the Gulf Coast region, where prices fell by 5.3 cents, followed by the Lower Atlantic region, which saw a 5.2-cent decrease.
The nation’s most expensive diesel is still in California at $4.96 per gallon, followed by New England at $4.52.
The cheapest diesel can be found in the Gulf Coast region at $3.82 per gallon, followed by the Midwest region at $3.98.
