Diesel prices continue to ease

| Thursday, September 08, 2005

Prices for diesel fuel are slowly dropping around the country after days of record highs in the wake of Hurricane Katrina.

ProMiles reported a national average price for diesel of $2.909 per gallon on Thursday, Sept. 8. That's down more than a penny from the previous day.

Most states were reporting drops in prices, but Florida, Louisiana, Missouri, Idaho, Oklahoma, South Dakota, Vermont and Wyoming all reported slight increases.

Most truck stops are starting to see supplies return to normal. On its Web site, Flying J reported low supplies at a few stations in Alabama, Arkansas, Florida, Georgia, Kentucky, Mississippi, New Mexico and Tennessee.

Pilot corporate officials issued a news release stating that most of that chain's locations in the areas affected by the hurricane were operating at normal capacity, and that it was not limiting fuel in any areas.

Travel Centers of America is only limiting fuel purchases at four stations: Marianna, FL; Slidell and Tallulah, LA, and Meridian, MS. Those stations are limiting diesel purchases to 50 gallons.

Meanwhile, crude oil prices slipped a little in midday trading on Thursday, Sept. 8, following a report from the Department of Energy stating that U.S. inventories were not as low as were previously feared.

Prices for light, sweet crude fell to $63.30 in early trading on the New York Mercantile Exchange.

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