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
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Source
http://www.overdriveonline.com/diesel-price-eases-upward-closes-year-over-year-gap/
Tags: diesel fuel, price of diesel