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Diesel Prices Rise

11/11/2011

While oil prices continue to drop, a steady rise in diesel prices might be a bit troubling for trucking companies.

Diesel fuel prices in the U.S. increased 17 cents per gallon over the last month, a bump that experts attribute to tightening diesel supplies and heightened production of home heating oil. Although diesel saw a slight drop this week, the price has risen in five of the nine regions monitored by the Energy Information Administration. 

Particularly hard-hit is the upper Midwest, where a diesel shortage has impacted truckers. Industry folks in Nebraska say the situation is as bad as they’ve ever seen.

What are you seeing on the roadways? Your thoughts? Let us know – we always love to hear from you!

Tags:

diesel , diesel prices , diesel shortage , trucking , trucking industry