Photo by Mike Yoder
One of the highest expenses for school bus fleets is the cost of fuel, but School Bus Fleet reports diesel prices are at their lowest point in 2 years and may continue to drop.
The average on-highway price for diesel in the U.S. has dropped to $3.801 per gallon as of this morning, according to data from the U.S. Energy Information Administration.
A year ago, the average price was $3.974 per gallon. School Bus Fleet says the average U.S. diesel in price has been slowly declining since March 10 of this year when it peaked at $4.021 per gallon.
The latest numbers are the lowest average for diesel since July 30, 2012 when the reported average was $3.796.
