Tuesday, November 07, 2017 9:54:23 AM
The U.S. average retail price of diesel surged 6.3 cents to $2.882 a gallon as oil climbed to its highest price since June 2015.
The spike in oil came amid likely further tightening of crude supplies and an unexpected consolidation of political control in Saudi Arabia, a leading supplier of oil.
Diesel now costs 41.2 cents more than it did a year ago, when the price was $2.470 gallon, the Department of Energy said Nov. 6.
Prices for trucking’s main fuel rose in all regions.
The U.S. average price for regular gasoline spiked 7.3 cents to $2.561 a gallon, and costs 32.8 cents more than it did a year ago, according to DOE’s Energy Information Administration.
Gas prices rose in all regions.
At the same time, Arizona is looking to become the first state in more than 50 years to be allowed to use current publicly maintained rest areas to sell diesel and gasoline and other services.
Gov. Douglas Ducey, in a Nov. 6 letter to U.S. Transportation Secretary Elaine Chao, asked that Arizona be exempted from an “archaic” federal law [most dating to the late 1950s] that prohibits commercial activity on the state’s rest areas. The state seeks approval for a pilot project through a partnership with the private sector.
“Modernizing current law fits well with your agency’s efforts to encourage states to better leverage Federal highway funding by unleashing the power and potential of the private sector, thereby creating new revenue streams for better-funded highway construction and maintenance projects. Allowing states to explore commercial opportunities within interstate rest areas is vital to that goal,” Ducey wrote
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