Showing posts with label Sweet crude oil. Show all posts
Showing posts with label Sweet crude oil. Show all posts

Diesel Prices Down Again; Crude Oil At One-Year Low - Truckinginfo.com

American Trucking AssociationsFrom Transport Topics

10/4/2011 Diesel Prices Down Again; Crude Oil At One-Year Low

National on-highway diesel prices fell by 3.7 cents last week to average $3.749 per gallon. The pace of falling prices decelerated from the previous week's 4.7-cent drop.

Prices fell in every major region, but varied somewhat. The central Atlantic dropped the most at 4.1 cents, the Rocky Mountains the least at 2.1 cents. As usual, the Gulf Coast claimed the lowest price at $3.693 per gallon.

California, like last week, is still the only region with prices north of the four-dollar mark, but at $4.007, just barely.


To read the full story CLICK HERE

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Commentary: With everything that carhaulers have had to contend with in the last year, this is definitely a bright spot. Even a few dollars
can make a big difference to a car carrier when weighed against the size of an autohauler and the number of miles driven

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Oil Finishes Week Over $91 a Barrel

Oil finished the week over $91 a barrel, up more than $3 from last Friday, Bloomberg reported.

Benchmark light sweet crude futures finished the day Friday at $91.54 a barrel, up 14 cents from Thursday on the Mercantile Exchange.

The increased price this week was due in part to U.S. economic data showing stronger factory output and continuing worldwide demand, Bloomberg said,Container of GasolineImage via Wikipedia

Diesel and gasoline have both risen for the past six weeks in the Department of Energy’s weekly price surveys, with diesel topping $3.33 and gasoline near $3.09 per gallon.

DOE’s next survey will be released Tuesday afternoon in Washington due to the federal holiday Monday.
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