Average Diesel Prices Fall 1 Cent
The price of diesel fuel fell by a small amount for the fourth straight week, maintaining a downward trending, but nearly-flat pattern for the past month.

File photo

Source: EIA
The price of diesel fuel fell by a small amount for the fourth straight week, maintaining a downward trending, but nearly-flat pattern for the past month, according to the Energy Department.
The national average price of on-highway diesel fuel fell by 1 cent last week, settling at 2.389 per gallon at the pump. The price is a little more than 10 cents cheaper than it was in the same week in 2015.
Prices were down in all major regions with the largest price drops coming to the West Coast and Gulf Coast at 1.4 cents. The smallest drop in prices was in New England where diesel prices dropped by 0.5 cents.
Average prices for regular gasoline increased this week, jumping 2.3 cents to a per gallon price of 2.225 at the pump. Despite the increase, the price is still 10.2 cents cheaper than it was in the same week a year ago.
The largest price increase was in the Lower Atlantic region at 7.7 cents per gallon. The largest decrease in prices was in the Rocky Mountain region at 0.9 cents per gallon.
The rumored deal to freeze oil production between oil producing countries continues to affect the crude oil market with a slight increase in prices on Sept. 19, according to a MarketWatch report.
Venezuela recently indicated that a deal was likely to happen between oil producing nations, both in and out of OPEC that could have the effect of stabilizing the oil market. Venezuela has been hit hard by low crude oil prices in the past year. There are also conflicting reports that a firm deal was unlikely to happen soon. Prices were also affected by fighting in Libya which is delaying an expected increase in oil production for that country.
More Fuel Smarts

Trucking’s Diesel Squeeze Isn’t Letting Up
With diesel topping $6 a gallon nationally, ATA's Bob Costello explains why fleets should prepare for continued pressure at the pump.
Read More →
FlowBelow Redesigns Trailer AeroSlider to Cut Fuel Use
The lighter trailer aerodynamic system installs in less than 45 minutes, according to the company, with potential payback in under a year depending on fuel prices and trailer mileage.
Read More →
Why Diesel Price Relief Efforts May Fall Short
Diesel prices have eased from September’s record high, but doubts about additional Russian supply and limits on dyed-diesel tax relief mean trucking fleets still face expensive fuel. And prices could go higher.
Read More →Why Small Fuel Savings Matter in Trucking
Can better fuel economy help pay for driver raises? In this podcast, GP Transco explains how small efficiency gains create room to reinvest in its people.
Read More →How GP Transco Cuts Trucking Fuel Costs, a Tenth of a Gallon at a Time
What’s another tenth of a mile per gallon worth? GP Transco shares how equipment upgrades and driver coaching turn small gains into meaningful fuel savings.
Read More →
Electric Yard Tractors Move Beyond Pilots
Operating-cost savings have overtaken sustainability goals as the leading reason surveyed fleets are adopting battery-electric terminal tractors, according to new NACFE research.
Read More →
Geotab Links Fleet Card to Vehicle Data
The new card combines fuel discounts with telematics-based purchase controls. Geotab’s analysis also points to potential savings from choosing lower-priced fuel stops.
Read More →
Fleet Economics Shape Electric Truck Outlook
ACT Research expects costs, charging infrastructure, and technology improvements to drive zero-emission commercial vehicle adoption as federal regulations and incentives retreat.
Read More →
Wex Adds Cardless Fuel Payments for Over-the-Road Customers
A new fuel card feature for Wex customers offers convenience and security.
Read More →
New California Law Could Shed Light on Electric Truck Prices
Why do battery-electric Class 8 trucks remain so expensive? A California bill signed by Gov. Gavin Newsom would give fleets and state agencies more visibility into what manufacturers charge.
Read More →
