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Price for diesel skyrockets

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Crude oil price approaches $100 a barrel

November 7, 2007 - WMG Interactive

Stalling out at a high of $98.62 a barrel in trading on Wednesday, crude oil prices are expected to hit the $100 mark any day now according to industry experts.

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Oil prices have risen 42 percent since August, with diesel fuel reaching a record high of $3.303 per gallon as a result.

The steep climb in price raises the question of just how high the price of fuel will go. If crude keeps going up, it might be some time before drivers see relief at the pump.


For other stories or to put your two cents in on industry issues, check out our Trucking Blog.


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