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SEARCHJust reported fuel prices show that, for the first time since April 2012, the price gap between gasoline and diesel prices has narrowed to only 21 cents per gallon in June 2014.
In June 2014, the price gap between the cost of gasoline and diesel narrowed to 21 cents per gallon. (SOURCE: WEX)
Just reported fuel prices show that, for the first time since April 2012, the price gap between gasoline and diesel prices has narrowed to only 21 cents per gallon in June 2014 ($3.67 and $3.88 respectively), the lowest variance reported since July of 2011, according to numbers from WEX.
Diesel prices are hanging around $3.90 per gallon. Experts believe diesel prices will remain steady for the remainder of the summer and could see its usual seasonal hikes in September.
Additionally, according to a recent report from the Diesel Technology Forum, new technology clean diesel trucks are taking advantage of the more stable prices and narrowing price gap with more than one-third or all medium- and heavy-duty commercial trucks registered in the U.S. (2.9 million of 8.8 million trucks) now equipped with newer technology clean diesel engines.
Currently, new Class 3-8 truck data shows that Texas, California, and Indiana currently represent the highest number of overall clean diesel trucks (2007 and newer):
Class 3-8 | ||
|---|---|---|
State | Total | |
1) | Texas | 170,556 |
2) | Indiana | 116,280 |
3) | California | 82,033 |
4) | Pennsylvania | 61,931 |
5) | Illinois | 58,157 |
6) | Oklahoma | 52,078 |
7) | Ohio | 49,822 |
8) | New York | 45,762 |
9) | Florida | 42,608 |
10) | Missouri | 37,996 |
National Total | 1,396,771 |
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