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Get ready to dig deeper into your wallet, now that diesel prices have cracked the $2 per-gallon ceiling for the first time ever.(Management: an executive summary of industry news)
Logistics Management (Highlands Ranch, Co.), October, 2004
As crude oil approached an all-time high of $50 a barrel at press time last month, diesel prices rose in lockstep. For the last week of September, the U.S. Department of Energy reported that the average retail price of diesel fuel in the United States had risen by 10 cents per gallon, to $2.012.
That means diesel prices have soared by 31 cents just since the end of June, and are 58 cents a gallon higher than they were one year ago.
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