2015 Ending with Lowest Diesel Costs in Years

LONDON, ON and WASHINGTON, D.C. - As 2015 draws to a close average prices for both diesel and gasoline in Canada and the U.S. are at their lowest levels in years. The Canadian national average price of diesel has fallen for the seventh straight week, down $0.009 from last week, to $0.986 per liter, according to the petroleum information services provider The Kent Group. Not only is this the lowest price since August 2010 it is $0.194 less than this time last year. For all of 2015, the fuel averaged $1.092 per liter compared to $1.339 last year.

Diesel Prices Continue Heading to Lower Levels

LONDON, ON and WASHINGTON, D.C. - It looks like diesel prices will end the year on a very much lower note in both Canada and the U.S. with continuing declines, making for the least expensive prices in several years. According to the petroleum information services provider The Kent Group, the national average cost of trucking's main fuel in Canada is down $0.017 from a week ago to $0.995 per liter. This is the sixth weekly drop and its lowest level since 2010. Compared to this time last year diesel is $0.199 cheaper. Prices fell Canada's four different regions and currently range from a low of $0.97 per liter in the Western Provinces to a high of $1.093 in Quebec. In the U.S., the story is also a continued drop for six straight weeks, with the average national cost falling US$0.054 from last week to US$2.284 per gallon, according to the U.S. Energy Department's Energy Information Administration.

Diesel Prices Continue Falling, Lowest in Many Years

LONDON, ON and WASHINGTON, D.C. - As the price of oil keeps falling, diesel costs in both Canada and the U.S. moved down for the fifth straight week, hitting their lowest levels in several years.

Diesel Prices Continue Decline in Canada, U.S. as Oil Sinks

LONDON, ON and WASHINGTON, D.C. - Average retail prices for diesel in both Canada and the U.S. have moved down for another consecutive week as the price for benchmark crude oil is the lowest in seven years.

Diesel Prices Decline for Third Straight Week

LONDON, ON and WASHINGTON, D.C. -- Average diesel prices in both Canada and the U.S. have turned lower for the third consecutive week as oil prices could possibly head even lower while one nation's crude exports have returned to its highest level in decades.

Canada Diesel Prices Continue Drop, U.S. Lowest Since 2009

LONDON, ON and WASHINGTON D.C. - The national average cost of diesel in Canada has moved lower for the second straight week while in the U.S. it's at the lowest level in more than six years.

Diesel Prices Reverse Course, Down from Last Week

LONDON, ON and WASHINGTON, D.C. -- Diesel prices in both Canada and the U.S. retreated this week after turning higher and hitting some of their highest levels in many weeks.

Diesel, Gasoline Prices Jump in Canada, U.S.

LONDON, ON and WASHINGTON, D.C. -- Prices for both diesel and gasoline posted gains over the past week in both Canada and the U.S., hitting some of their highest levels in weeks, but many analysts say its doubtful this is part of a new trend.

Average Diesel Cost Up in Canada, Down in U.S.

LONDON, ON AND WASHINGTON, D.C. - Prices for diesel and gasoline are heading in opposite directions in Canada and the U.S. this week, but they still remain far below their levels from a year earlier.

Average Diesel Cost Down Over Past Week, Gasoline Lowest Since February

LONDON, ON and WASHINGTON, D.C. -- The average cost of diesel in both Canada and the U.S. has moved lower over the past week while the Canadian cost of gasoline is the lowest since early this year. In Canada, the national average price of trucking's main fuel declined $0.016 from last week to $1.039 per liter, according to the petroleum information services provider The Kent Group. This follow no change the week before and is now $0.202 less than this time last year.

Average Canadian Diesel Cost Unchanged, U.S. Declines

LONDON, ON and WASHINGTON, D.C. -- The national average price of diesel remained steady in Canada this week while it resumed moving lower to the south.

Diesel Prices Creep Higher for Second Straight Week

LONDON, ON and WASHINGTON, D.C. - National average prices for diesel are gaining momentum, hitting levels not seen in several weeks in both Canada and the U.S. In Canada, trucking's main fuel increased $0.026 over the past week, hitting $1.055 per liter, according to the petroleum information services provider The Kent Group. This marks the second straight weekly hike.

New Report Questions Truck Engine Fuel Use Data

MONTREAL, QC -- Relying on the electronic data from a truck's engine computer may not be the most accurate gauge of fuel economy, according to a not-for profit engineering and research group for the North America trucking industry. The report from Performance Innovation Transport Group (PIT Group) details electronic control module (ECM) data precision and accuracy between engine manufacturers and among engine models from a single manufacturer. The study compares engine ECM data with actual test track fuel consumption and was conducted in the fall of 2014 on 14 different vehicles with engines from four manufacturers. The test track evaluations, which followed the Joint TMC/SAE Fuel Consumption Test Procedure Type II, compared fuel consumption data provided by the engine ECMs, a procedure that is generally regarded as an industry standard for testing.

Imperial, Husky Team Up for Truck Transport Fuel Network

CALGARY, AB -- Imperial Oil and Husky Energy have reached an agreement that will create a single truck transport fuel network of about 160 sites in Canada, approximately twice the size of either individual network today.

Diesel Prices Bounce Back Slightly in Canada, U.S.

LONDON, ON AND WASHINGTON, D.C. - Prices for diesel fuel bounced back in both Canada and the U.S. while gasoline moved lower. The average Canadian price for diesel inched up $0.008 over the past week to $1.029 per liter, following two straight weekly drops totaling $0.015, according to the petroleum information services provider The Kent Group Ltd.