Diesel prices continued to slide down toward pre-Katrina levels
Wednesday, Sept. 14.
ProMiles reported a national average of $2.819 per gallon, down about 2
cents from the previous day.
California, Nevada, Utah and Washington state were all reporting prices
above $3 per gallon Wednesday. The lowest prices were in Oklahoma, at about
$2.60 per gallon.
Fuel supplies at some truck stops were beginning to return to normal.
Flying J reported low supplies at only five of its stops on its Web site. Two
of those stops are in Kentucky, while the others are in Tennessee, Mississippi
Travel Centers of America, which had been rationing fuel in many areas,
was only rationing at one stop in Atlanta, GA. Trucks at that stop were being
limited to 50 gallons of diesel.
Petro reported no outages, but said supplies were still tight in
Alabama and Georgia.
Trading for light, sweet crude oil was at the $65 per barrel mark as of
mid-afternoon Wednesday on the New York Mercantile Exchange.
A report from the Energy Information Administration that said crude oil
inventories had dropped by 6.6 million barrels for the week ending Sept. 9. The
initial forecast had called for a drop of only 2 million barrels, which could
explain the possible jump in oil prices.
Still, the report said that the inventory was above average for this
time of year.
Meanwhile the oil industry continues its slow recovery in the Gulf of
The Oil Price Information Service said some refineries in the Gulf
region are beginning to recover and could be back at full operating capacity as
early as next week. Others could take as much as six weeks to two months to
fully restore operations.