OTTAWA — Crude oil prices fell nearly $5 a barrel yesterday, only after hitting an all-time high of $111 on the New York Mercantile Exchange. When the dust settled, the price per barrel was at about $106, a few bucks below the record average over this last week.

The slip in the market did little to relieve pressure at the pumps, however. Diesel continued to climb to over $4 a gallon average in the U.S., while gasoline dipped slightly to $3.2 a gallon — which is still about 75 cents higher than this time last year.

In Canada, the average diesel price at the pump (including tax) during the last week remained just over $1.20 a liter — about 10 cents more than the cost of regular unleaded gas.

As usual, eastern Canada is the most
costly region to fill up your truck.

Parts of Alberta posted some of the lower prices in the country. In the Calgary-Edmonton corridor, for example, the price was between $1.12 and $1.15.

Certain regions in Ontario hovers near those levels, while in others, including the GTA, the price board is closer to $1.20.

The highest diesel prices in Canada are in parts of Quebec and most of Atlantic Canada, where the bill can range anywhere from $1.25 to $1.35 per liter.

The most expensive city to fill up your truck is in Labrador City, where the price hovered just decimal points below $1.40 for most of the week.

— Be sure to read more about the fuel crisis and its impact on carriers and shippers in the upcoming April print issue of Today’s Trucking.