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The U.S. average retail price of diesel slipped 1.5 cents to $2.564 a gallon and crude oil prices dropped below $49 a barrel as efforts to reduce global production bumped against increased domestic shale production, experts said.

Several transportation organizations have asked Environmental Protection Agency Administrator Scott Pruitt to continue Diesel Emissions Reduction Act funding in EPA’s fiscal 2018 budget.

Several transportation trade groups have asked Environmental Protection Agency Administrator Scott Pruitt to continue Diesel Emissions Reduction Act funding in EPA’s fiscal-year 2018 budget.

The U.S. average retail price of diesel rose 0.2 cent to $2.579 a gallon as crude oil prices remained near $53 a barrel and U.S. production advanced amid other cuts in global production.

The U.S. average retail price of diesel rose 0.5 cent to $2.577 a gallon, diesel’s third increase after four consecutive weekly declines, the Department of Energy reported Feb. 27.

The U.S. average retail price of diesel rose 0.7 cent to $2.572 a gallon as the stronger bite of OPEC production cuts lifted the price of crude to nearly $54 a barrel, analysts said.

The U.S. average retail price of diesel rose 0.7 cent to $2.565 a gallon as crude oil prices remained near $53 a barrel and OPEC made production cuts while U.S. output continued to rise, analysts said.

Oklahoma’s tax on gas and diesel would increase under a budget proposal Gov. Mary Fallin (R) presented to legislators this week.

The U.S. average retail price of diesel fell 0.4 cent to $2.558 a gallon as crude oil prices were buffeted by a strong dollar and settled at about $53 a barrel while U.S. rig counts continued to rise, analysts said.

About five years ago, when diesel prices were averaging around $4 a gallon, John Sheehy began looking into alternative-fuel vehicles as a potential solution to rein in his trucking company’s rising costs.