Average Diesel Cost Falls for Sixth Straight Week, Oil Hits Three-Month High
The average price of on-highway diesel has fallen for the sixth straight week, hitting its lowest price since the latter half of January, according to a new U.S. Energy Department report.

On-highway diesel fuel prices. Credit: U.S. DOE

On-highway diesel fuel prices.
U.S. DOE
The average price of on-highway diesel has fallen for the sixth straight week, hitting its lowest price since the latter half of January, according to a new U.S. Energy Department report.
It has shed 2.6 cents over the past week, registering $3.892 per gallon. Compared to the same time a year ago the price is 4.3 cents higher. Over the past six weeks it has fallen 8.3 cents following increases that took it a little past the $4 per gallon mark during the winter.
Prices declined in all section of the country over the past week with the smallest drop being 1.4 cents in the Gulf Coast region for an average of $3.769, also the least expensive part of the country. The biggest drop was in the Central Atlantic states, 3.7 cents, for an average of $4.079, the second most expensive price in the U.S. The highest price is in New England at $4.092, down 3.2 cents from a week ago.
Compared to a year ago only the Midwest reports prices have fallen, losing 3.2 cents, for an average of $3.845.
As for the average price of regular-grade gasoline, it has declined right back to where it was two weeks ago, following a small hike last week. It’s down 1.6 cents from last week, at $3.674 per gallon, but is still just a few cents off its highest price $3.713 so far this year.
Gasoline ranges from a low of $3.418 in the Gulf Coast region to a high of $3.995 along the West Coast.
Meantime, the price of crude oil rose to a three-month high in New York trading on Monday, picking up $1.75 per barrel and settling and $104.41. It rose following a report of solid job gains in the U.S. last week along with encouraging economic news from China and Japan. Over the past week oil has picked up nearly $2 per barrel, with much of the increase coming from Monday alone.
More Fuel Smarts

How GP Transco Builds Fuel Savings a Fraction at a Time
Aerodynamic specs, solar panels, and driver incentives help GP Transco turn small efficiency gains into savings it can reinvest in its people.
Read More →
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 →
