Diesel price projected to climb over next 2 years

Posted on January 19, 2010

WASHINGTON, D.C. — The average price of on-highway diesel fuel in the U.S. is expected to rise about 28 percent from 2009 through 2011, according to a government report.

The U.S. Energy Information Administration (EIA) projected that diesel will average $2.98 per gallon this year and $3.14 in 2011, up from $2.46 in 2009.

Still, the projected 2011 price of diesel would be well below the record-high average in 2008, which was $4.02.

On the gasoline side, the EIA expects regular-grade prices to average $2.84 per gallon in 2010 and $2.96 in 2011. Monthly gas prices increased from $1.79 in January 2009 to $2.61 in December.


Comments ( 0 )
More Stories

Portable Magnetometer

The FerroCheck 2000 series of portable magnetometers is designed to quickly and conveniently measure total ferrous wear particulates in lubricating fluids.


Commercial Vehicle Application Catalog

Raybestos’ new Commercial Vehicle Application Catalog and Specification Guide (BPI-CV17) is designed to help fleet managers and professional service technicians meet the demands of maintaining and repairing commercial vehicles.


PACCAR Parts Opens 100th TRP Store

The new TRP location in Alexandria, Louisiana, will offer the brand’s aftermarket replacement parts for trucks, trailers, and buses.


VIDEO: BusWise Boosts Bus Maintenance

Thomas Built’s BusWise Technologies platform provides real-time vehicle information, alerts on maintenance issues, and other features to enhance school bus serviceability.

Be the First to Know

Get the latest news and most popular articles from SBF delivered straight to your inbox. Stay on top of the school bus industry and don't miss a thing!