Heavy Duty Trucking Logo
MenuMENU
SearchSEARCH

Diesel Prices Do About-Face

The average price of on-highway diesel moved a little lower this week, following six consecutive weekly increases, according to the U.S. Energy Department.

Evan Lockridge
Evan LockridgeFormer Business Contributing Editor
June 1, 2015
Diesel Prices Do About-Face

 

2 min to read


The average price of on-highway diesel moved a little lower this week, following six consecutive weekly increases, according to the U.S. Energy Department.

The 0.5 cent decline puts it at $2.909 per gallon. Compared to this week a year ago the price is $1.009 less.

Ad Loading...

The drop follows a string of increases that took it from $2.754 on April 13 to $2.914 on May 25, which was the highest price in a little more than two months.

In the different parts of the country, diesel increased over the past week 0.4 cent in the Midwest and 0.5 cent in the Rocky Mountain regions for prices of $2.804 and $2.835, respectively, while it fell in all other sections.

The declines ranged from 0.4 cent in the Gulf Coast region for an average of $2.799, also the least expensive regional price in the country, to 1.9 cents in the Central Atlantic states for an average of $3.143, the second most expensive regional price.

Ad Loading...

The highest region price is along the West Coast states at $3.163, down 1.1 cent from last week.

Meantime, the average price of regular grade gasoline moved higher for the seventh straight week and hitting its highest level since last November. Over the past seven weeks it has increased a little more than 37 cents.

It increased 0.6 cent to $2.78 per gallon but is 91 cents less than the same time a year earlier.

Prices increased in all regions except for 0.3 cent in Gulf Coast, the least expensive part of the country at $2.483 and 4.3 cents along the West Coast, the most expensive regional price at $3.444

This happened as oil moved little in New York trading on Monday, settling down just 10 cents at $60.20 per barrel and only 15 cents higher than last Tuesday’s opening market price.

Ad Loading...

The black gold has recovered about 50% of its price since falling to multi-year lows earlier this year, but is still down when compared to more than $100 per barrel prices last year. Monday’s decline was due to the U.S. dollar gaining in value against foreign currencies, following generally positive economic news.

The oil market is now looking ahead toward the end of the week when members of the OPEC oil cartel are set to met in Vienna in which they are expected to keep crude production levels unchanged as U.S. output also remains high.

More Fuel Smarts

Illustration showing DEF tank and Detroit engine
Equipmentby Deborah LockridgeJune 18, 2026

DTNA Software Update Gives Truckers More Time Before DEF Derates Take Effect

The changes reflect EPA guidance aimed at reducing downtime caused by emissions-system faults while maintaining compliance requirements.

Read More →
Illustration of exhaust aftertreatment system on an AI-inspired blue background and a green fuel pump nozzle in the foreground.
Maintenanceby Deborah LockridgeJune 15, 2026

New Agentic Predictive Maintenance Report Demonstrates How Degraded Aftertreatment Systems Waste Fuel

Questar analyzed a large mixed-class fleet and discovered it was wasting as much as $30 in fuel per vehicle, per day, because of mechanically degraded aftertreatment systems.

Read More →
Amazon electric cargo bike on New York City street
Fleet ManagementJune 15, 2026

New York City's Microhub Project is Delivering Results

Trucking, last-mile delivery companies, and environmental advocates like what they are seeing so far with New York's microhub program.

Read More →
Ad Loading...
Red Kenworth truck pulling Paper Transport trailer
Fuel Smartsby Deborah LockridgeJune 2, 2026

Lessons Learned About Alternative Fuels: Start Small, Stay Flexible

Practical advice on adopting alternative fuels and ZEVs from HDT's 2026 Top Green Fleets, from renewable diesel and natural gas to electric trucks.

Read More →
Composite image of different angles of the Kempower charger
Fuel Smartsby News/Media ReleaseMay 29, 2026

Kempower Adds Flex EV Charger to Help Support Transition to Megawatt Charging

The Kempower Mega Satellite Flex has both a CCS and MCS connector, allowing operators to serve both types of heavy-duty vehicles.

Read More →
White Hino Le electric tractor on show floor
Equipmentby News/Media ReleaseMay 26, 2026

Hino Adds Electric Class 6/7 Truck

Hino says the Le Series is an important step in the company's efforts to reduce environmental impact and support its customers’ sustainability goals.

Read More →
Ad Loading...
Sigma Powertrain BEV transmission.
Fuel Smartsby Jack RobertsMay 26, 2026

Can Multi-Speed EV Transmissions Solve Heavy Trucking’s Biggest Electric-Vehicle Problems?

A startup called Sigma Powertrain believes purpose-built multi-speed gearboxes can boost efficiency, reduce battery size and improve gradeability for heavy-duty battery-electric trucks.

Read More →
Red Hendrickson e-axle at ACT Expo booth
Equipmentby News/Media ReleaseMay 22, 2026

Hendrickson Debuts Electraax E-Axle for Medium-Duty Trucks

Developed with Driventic, Hendrickson's new integrated e-axle is designed to improve efficiency, reduce weight, and extend range in Class 6-7 EV applications.

Read More →
Fueling trucks.
Fuel SmartsCover Storyby Deborah LockridgeMay 18, 2026

50 Ways Fleets Can Cut Fuel Costs Now — Without Buying New Trucks

Fuel savings don’t come from one big change. They come from dozens of small ones. Here’s how leading fleets are stacking gains across drivers, routing, maintenance, and more.

Read More →
Ad Loading...
Collage of HDT Top Green Fleets with logo
Fuel Smartsby Deborah LockridgeMay 18, 2026

Top Green Fleets 2026: How Fleets Are Reducing Emissions in the Real World

What works in sustainable trucking today? Heavy Duty Trucking's Top Green Fleets are finding practical ways to cut fuel use, reduce emissions, and keep freight moving.

Read More →