In the past couple of years as the nation continues to watch the price of fuel continue on its roller coaster, we have always found a trend. No matter the cost of gasoline, diesel fuel has always sat slightly above the cost of gas. The difference has never been by much, typically within a dollar range, but within the past couples the prices of gas have dropped reasonably with the price of diesel remaining the same.
Did you know?
The price of diesel fuel has dropped to $3.835 (as of August 19), making the national average price 6.5 cents lower than this time last year. Now is the time to fill up your tank! This is the seventh week in a row that the average price has fallen. Check out a few of the US regions’ price decreases:
However, California had a .2 of a cent increase in price of diesel fuel.
As of August 19th, 2014, the average costs of diesel in a few of the US regions are as follows:
It’s important to remember that fuel is not the same price everywhere, especially those who work in the freight transportation field. Be sure to stay up to date with current fuel prices in the region in which you are driving so that you can get the best deal!
At Evan Transportation, we employ staff and drivers with years of trucking experience who know the industry well in order to better serve our customers. Since 1992, the team at Evan Transportation has worked to become leaders in the trucking industry and is committed to developing long-term relationships with customers. We offer transportation for a number of products that include food and beverages, paper products, retail, steel, lumber, and more.
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Source: http://www.overdriveonline.com/diesel-price-hits-9-month-low/
While the national average price for diesel has risen for the third consecutive week in a row, the Department of Energy’s Energy Information Administration is predicting that the price will fall in both 2014 and 2015, good news for truckers.
The national average for a gallon of diesel ended last week with a seven-tenths of a cent increase to $3.190. This is almost reaching the level of a year-over-year increase from January 2012, something which hasn’t happened since last August. However, diesel prices are expected to drop across the country in the next two years, according to data from the Energy Information Administration. The average price of diesel for 2013 was $3.92. In 2014, it’s expected to drop 11 cents to $3.81, and 4 cents in 2015 to $3.77. Of course these are only forecasts and could vary based on unforeseen circumstances. The main factor taken into account in these forecasts is the prediction that crude oil prices will drop as world supply exceeds world demand. Hopefully, truckers can look forward to steadily decreasing diesel fuel prices over the next two years.
Evan Transportation was founded in 1992 by Jerry Wolfarth, who at the time had over 25 years of experience in the trucking and transportation industry. The initial operation consisted of a few trucks and drivers who were dedicated and professional. The goal of the company was to provide excellent, dependable service.
If you need materials and products moved in the Mid-Atlantic region, contact Evan Transportation. We hire professional drivers with excellent driving records, and maintain a fleet of trailers and vehicles that are reliable and ready to roll.
Contact us today for all of your freight shipment needs or call us at 443-673-3365
Before you hit the road, check us out on Facebook, Twitter, Google+, LinkedIn and YouTube!
Source
http://www.overdriveonline.com/diesel-price-eases-upward-closes-year-over-year-gap/
Fossil fuels are a finite resource, and as such the demand for renewable energy sources is increasing. However, fuel giant Shell is predicting that while vehicles that run on renewable energy will increase, conventional fuels like diesel and gasoline are going to power the majority of vehicles for the a good part of the 21st century.
Richard Tucker, Shell’s General Manager for Technology for Commercial Fuels and Lubricants, said in a press event in Germany that two thirds of the vehicles on the road in 2050 are still going to be running on conventional fuels. He also stated that an additional 2 billion vehicles will be on the road by that time, which makes improving fuel economy and cutting emissions an important task. Shell is investing in both low viscosity oil, which can improve fuel economy in trucks, and gas-to-liquid, “which is a clean-burning, low-sulfur and very low-emissions fuel when converted to diesel,” according to Overdrive Online’s website. Check out the full story here.
Evan Transportation was founded in 1992 by Jerry Wolfarth, who at the time had over 25 years of experience in the trucking and transportation industry. The initial operation consisted of a few trucks and drivers who were dedicated and professional. The goal of the company was to provide excellent, dependable service.
If you need materials and products moved in the Mid-Atlantic region, contact Evan Transportation. We hire professional drivers with excellent driving records, and maintain a fleet of trailers and vehicles that are reliable and ready to roll.
Contact us today for all of your freight shipment needs or call us at 443-673-3365
Before you hit the road, check us out on Facebook, Twitter, Google+, LinkedIn and YouTube!
Historically, diesel fuel was usually cheaper than gasoline, with the exception of during the winter months when heating oil demand translated into higher diesel prices. However, diesel has been as expensive or more expensive than regular unleaded gasoline since September 2004 for a few reasons.
For one, international demand for diesel fuel and other distillate fuel oils has increased due to economic growth between 2002 and 2008, and global refining capacity has not quite been able to keep up with the high demand, according to the Energy Information Administration. In addition, “The transition to less polluting, lower-sulfur diesel fuels in the United States affected diesel fuel production and distribution costs.” Finally, the Federal excise tax for on-highway diesel fuel is 6 cents higher than the gasoline tax.
In some good news for truckers, the price of diesel has slowly been dropping across the country, albeit slowly. According to overdriveonline.com, the national average for the price of diesel was 16 cents lower at the end of September 2103 compared to September 2013. Diesel also saw a decline in price for 3 weeks in a row in September.
Evan Transportation was founded in 1992 by Jerry Wolfarth, who at the time had over 25 years of experience in the trucking and transportation industry. The initial operation consisted of a few trucks and drivers who were dedicated and professional. The goal of the company was to provide excellent, dependable service.
If you need materials and products moved in the Mid-Atlantic region, contact Evan Transportation. We hire professional drivers with excellent driving records, and maintain a fleet of trailers and vehicles that are reliable and ready to roll.
Contact us today for all of your freight shipment needs or call us at 443-673-3365
Before you hit the road, check us out on Facebook, Twitter, Google+, LinkedIn and YouTube!
Source
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