Diesel Prices Start a Downward Trend
In the past two weeks, diesel fuel prices decreased 3.4 cents
According to the latest USDA Grain Transportation Report, in the past two weeks, diesel fuel prices decreased 3.4 cents to $3.047 per gallon.
This drop in prices came after a two-week increase of 11 cents per gallon. Crude oil prices followed a similar pattern.
“Oil spot prices began September at $61 per barrel and increased to $68 per barrel after attacks on major Saudi Arabian oil infrastructure disrupted the country’s crude oil production," said the the U.S. Department of Energy’s Energy Information Administration. "However, spot oil prices have subsequently fallen, reaching $58 per barrel on October 4, as Saudi Arabia restored the shut-in production and concerns about oil demand based on the condition of the global economy rose.”