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.

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.

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 Remain at Multi-Year Lows

LONDON, ON AND WASHINGTON, D.C. -- The trend of lower diesel prices continues in both Canada and the U.S. while gasoline has edged a bit higher here at home. The average cost of the distillate fuel fell $0.004 over the past week to $1.021 per liter, hitting its lowest level since September 2010, according to the latest figures from the petroleum information services provider The Kent Group.

Diesel Fuel Costs Return to Lowest Levels in Years

LONDON, ON and WASHINGTON, D.C. -- The average Canadian retail diesel price turned around this week following a small increase the week before, hitting its lowest level in five years, while in the U.S. it fell for to its lowest point in more than six years.

Canadian Diesel Costs Head Higher, U.S. Declines

LONDON, ON and WASHINGTON, D.C. -- Average prices for diesel fuel in Canada and the U.S. moved in opposite directions over the past week. The petroleum information services provider The Kent Group reports the average Canadian price is up $0.003 from last week to $1.036 per liter. This is the second straight weekly increase since hitting its lowest level in several years the first week of the month.

Diesel Costs Turn Higher for First Time in Weeks

LONDON, ON and WASHINGTON, D.C. -- The average price for trucking's main fuel has posted weekly increases in both Canada and the U.S. for the first time since early this summer. In Canada diesel gained $0.002 from last week for a national average of $1.033 per liter, according to the petroleum information services provider The Kent Group. This follows 10 consecutive weeks where the price either fell or was unchanged, in which it declined a total of $0.093 per liter. Despite this week's gain, diesel is $0.264 per liter less than this time last year and remains at its lowest level in several years. South of the border, the U.S. Energy Department reported the first week-over-week increase for diesel in 14 weeks, with the average retail price picking up US$0.02 from last week, hitting US$2.534 per gallon. From late May through the end of August the average U.S. diesel price decreased by US$0.40, registering US$2.514, its lowest price since July 2009.

Diesel Prices Keep Declining

LONDON, ON and WASHINGTON, D.C. -- Diesel prices continue falling in both Canada and the U.S. and are at their lowest levels in several years, according to two newly issued weekly reports.

Average Diesel Cost Unchanged, Still Lowest in Years

LONDON, ON and WASHINGTON, D.C. -- The national average cost of diesel has paused from its recent string of declines while gasoline has moved lower over the past week in Canada. The petroleum information services provider The Kent Group reports diesel is at $1.05 per liter for the second consecutive week after falling for eight straight weeks and hitting its lowest level since November 2010. Compared to this week a year ago the price $0.242 less. Not surprisingly, prices varied little if any in the different regions of Canada from last week with the Atlantic provinces this week recording an average of $1.025 per liter, Quebec at $1.097, Ontario at $1.026 and the Western Provinces at $1.065.

Canadian, U.S. Diesel Prices Lowest in Several Years

LONDON, ON and WASHINGTON, D.C -- The national average price of diesel is showing no signs of stopping its recent string of declines while hitting its lowest point in years. Trucking's main fuel fell $0.011 from a week ago to $1.05 per liter, the eighth consecutive weekly drop and the lowest price since November 2010, according to the petroleum information services provider The Kent Group. Compared to this week in 2014 the price $0.247 less per liter.

Diesel Cost at Lowest Level of Year as Oil Glut Continues

LONDON, ON and WASHINGTON, D.C. -- Fuel prices are continuing another series of declines in both Canada and the U.S., according to newly released figures.

Diesel Prices Continue Decline, Canadian Crude Tumbles

LONDON, ON and WASHINGTON, D.C. -- Fuel prices continue falling, returning to levels seen earlier in the year while also hitting their lowest price in several years south of the border, according to figures released this week. The petroleum information services provider The Kent Group reports average Canadian cost of diesel shed another $0.006 this week, hitting $1.086 per liter. This marks its sixth consecutive weekly drop and is at its lowest level since early February. Compared to this week a year ago the average cost of diesel is down $0.212. Prices are varied across the country, averaging $1.14 per liter in the Atlantic Provinces, $1.226 in Quebec, $1.166 in Ontario and $1.16 in the Western Provinces. This happened as national average cost of regular grade gasoline fell $0.008 over the past week to $1.176 per liter, the third straight weekly decline and its lowest price since last May.