Diesel prices drop in May
In 2010 the price of diesel fuel surpassed $3 a gallon and it’s never looked back but the national average has recently decreased.
The national diesel average dropped 5.9 cents, representing the biggest decrease in over five months. The average price per gallon for diesel fuel last month was $3.897, according to the U.S. Department of Energy’s Energy Information Administration. The average price is 5.1 cents below the same week last year.
Rising diesel prices have been a piece of negative news for an industry that has had plenty of good news. The commercial trucking industry has been growing by leaps and bounds for the past several years and more drivers are needed to help keep up with the demand. Dropping diesel prices will only add to the growth.
Average retail prices fell in all regions, led by a 7.5-cent decrease in California, which nevertheless still has the nation’s most expensive diesel at $4.228 a gallon. The smallest decrease was 3.9 cents in the Rocky Mountain region. The least expensive diesel was $3.795 a gallon in the Midwest.
If a new career in the commercial trucking industry interests you then now would be the perfect time to begin Truck Driver Institute’s CDL training program, which is producing some of the nation’s top drivers. Carriers are looking for the best drivers to take over new routes and those from the Truck Driver Institute are some of the most highly sought after truck drivers in the nation.