Average Diesel Cost Falls to Near 5-Year Low
The average cost of on-highway diesel continues falling in most of the country, declining another 3.5 cents over the past week.


The average cost of on-highway diesel continues falling in most of the country, declining another 3.5 cents over the past week.
The latest U.S. Energy Department survey price is $2.831 per gallon, $1.12 less than the same time a year ago and at its lowest level in nearly five years. The weekly drop is the 12 consecutive one, though the average price diesel has fallen most of the weeks since being above $4 in February and March of last year.
Prices continued falling in all the different parts of the country over the past week, except in New England, where it added 1 cent for an average of $3.028, but still nearly $1.13 less than the same time in 2014.
All other parts saw prices fall between 1.7 cent in the Gulf Coast region to $2.769 per gallon, to as much as 5.6 cents in the West Coast region at $2.886 per gallon.
Prices range between a low of $2.765 in the Midwest, down 3.9 cents from a week ago, to as much as $3.041 in the Central Atlantic states, a 3.7 cents decline during the same time.
Meantime, the average price of gasoline posted a weekly increase of 2.4 cents, hitting $$2.068 per gallon. The price is $1.224 less than compared to the same time last year.
Regionally, prices increased more than 9 cents in the Midwest region, while recording just a 1 cent hike in the Gulf Coast region. All other parts of the country saw week-to-week declines.
Gasoline ranges from a low of $1.86 in the Gulf Coast region to a high of $2.328 in the West Coast region.
As for the mother of these fuels, crude oil, its price increased both on Monday and over the past week. It gained $1.33 in New York trading during the first weekday in February, closing at $49.57 per barrel, its highest level in nearly a month. Compared to last Tuesday’s opening price it is up more than $4 as drillers reportedly shut down nearly 100 oil rigs in U.S. fields last week.
An anticipated report showing a buildup of U.S. crude oil stocks helped ease concerns of a strike by union workers at nine U.S. refineries that started on Sunday. About 3,800 people are on the picket lines in what is described as the largest strike by refinery workers in 35 years after contract talks between representatives of the United Steel Workers and Shell Oil fell through as they try and hammer out a new contract covering some 30,000 refinery workers at more than 60 locations. Shell is serving as the lead company in talks with the union.
More Fuel Smarts

How Volvo Updated Its D13 for EPA 2027 [Watch]
Volvo’s updated D13 promises lower emissions without sacrificing performance or fuel economy. Take a closer look at what changed inside the engine in this HDT Spotlight video.
Read More →
Diesel Price Spike Shortens Payback for Natural Gas Trucks, Report Says
Energy Vision estimates fleets could recover the higher purchase price of an RNG-fueled Class 8 tractor in 1.3 to 2.8 years under current fuel-price scenarios.
Read More →
Calstart Becomes Catalyst Mobility, Reflecting Broader Focus
Calstart is now Catalyst Mobility, reflecting the nonprofit’s growing national role in clean transportation, including zero-emission trucks, infrastructure and incentive programs.
Read More →
Record Diesel Prices Squeeze Trucking Fleets
Average U.S. diesel prices have climbed to nearly $6 a gallon, surpassing the 2022 record as tight refinery capacity and Middle East disruptions keep fuel costs elevated.
Read More →
How Fuel Delivery Shapes Engine Performance
Fuel delivery depends on more than what happens at the injector. For fleet, maintenance and technical professionals, looking at the full path from pump to injector can provide useful context for understanding engine performance.
Read More →
East Coast Port Launches $45M Electric Truck Push
The Port Authority of New York and New Jersey announced millions in incentives for zero-emission drayage trucks, yard tractors, and new charging hubs near the port.
Read More →
California Bill Could Shed Light on Electric Truck Prices
Why do battery-electric Class 8 trucks remain so expensive? A California bill headed to Gov. Gavin Newsom would give fleets and state agencies more visibility into what manufacturers charge.
Read More →
Detroit Opens Orders for EPA 2027 Engines
Detroit isn’t starting from scratch to meet EPA 2027 diesel emissions standards. Its Gen 6 DD13 and DD15 engines keep much of today’s platform while updating the fuel and aftertreatment systems.
Read More →
Zero-Emission Truck Corridor Planned for West Coast
California, Oregon, Washington, British Columbia and Baja California are coordinating plans for truck charging and hydrogen fueling from Canada to Mexico.
Read More →A Closer Look at Kenworth’s Electric T880E Vocational Truck [Video]
Learn more about Kenworth's T880E battery-electric vocational truck at the Paccar Technical Center, including its range, applications, upfitting considerations, and PTO options, in this HDT Spotlight video.
Read More →

