Gas and Diesel to rise in 2010, 2011

Feb 25, 2010

Via HeavyDuty Trucking:

In the February edition ofits monthly Short-TermEnergy Outlook released this week, the DOE’s Energy InformationAdministration slightly lowered its expectation for diesel prices in 2010 andslightly raised its projection for 2011.

The EIA said it expectsdiesel prices to average $2.95 per gallon in 2010 and $3.16 in 2011, off fromlast month’s projections of $2.98 and $3.14 a gallon, respectively. The agencyattributes the diesel prices to the expected recovery in the consumption ofdiesel fuel in the