Diesel Fuel Prices Stabilize

This article has been reprinted from the April 5 USDA Grain Transportation Report.

After a steady decrease in U.S. average diesel fuel prices at the end of 2018 and through January 2019, prices began to increase during the first three weeks in February.

However, prices stabilized in March, increasing only 0.002 cents throughout the month.

Crude oil prices have also been stable during the month averaging around $66 per barrel.

The Energy Information Administration estimates crude oil prices will average around $64 in 2019.