Heavy Duty Trucking Logo
MenuMENU
SearchSEARCH

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.

Evan Lockridge
Evan LockridgeFormer Business Contributing Editor
Read Evan's Posts
February 2, 2015
Average Diesel Cost Falls to Near 5-Year Low

 

2 min to read


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.

Ad Loading...

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.

Ad Loading...

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

Group of researchers and engineers standing next to an electric heavy-duty truck used in Purdue’s wireless charging project.
Fuel Smartsby News/Media ReleaseFebruary 3, 2026

First Highway Segment in U.S. Wirelessly Charges Electric Heavy-Duty Truck While Driving

Purdue researchers demonstrated a high-power wireless charging system capable of delivering energy to electric heavy-duty trucks at highway speeds, advancing the concept of electrified roadways for freight transportation.

Read More →
Illustration showing diesel exhaust fluid pump sign and EPA headquarters
Equipmentby Deborah LockridgeFebruary 3, 2026

EPA Wants to Know: Are Diesel DEF De-Rates Really Needed for Emissions Compliance?

The Environmental Protection Agency is asking diesel engine makers to provide information about diesel exhaust fluid system failures as it considers changes to emissions regulations.

Read More →
SponsoredFebruary 1, 2026

Stop Watching Footage, Start Driving Results

6 intelligent dashcam tactics to improve safety and boost ROI

Read More →
Ad Loading...
Fuel Smartsby Deborah LockridgeJanuary 29, 2026

California: Clean Truck Check Rules Still in Force for Out-of-State Trucks, Despite EPA Disapproval

The Environmental Protection Agency said California can’t enforce its Heavy-Duty Inspection and Maintenance Regulation, known as Clean Truck Check, on vehicles registered outside the state. But California said it will keep enforcing the rule.

Read More →
Illustration of Department of Justice building superimposed by truck exhaust stacks
Fuel SmartsJanuary 27, 2026

Justice Department Pulls Back on Criminal Prosecution of Diesel Emissions Deletes

The Trump administration has announced it will no longer criminally prosecute “diesel delete” cases of truck owners altering emissions systems in violation of EPA regulations. What does that mean for heavy-duty fleets?

Read More →
HDT Spotlight video on natural gas truck engines.
Fuel Smartsby Jack RobertsJanuary 26, 2026

Why the Cummins X15N Changed the Conversation About Natural Gas Trucking

Natural gas is quietly building a reputation as a clean, affordable, and reliable alternative fuel for long-haul trucks. And Ian MacDonald with Hexagon Agility says the Cummins X15N is a big reason why.

Read More →
Ad Loading...
Blue Tesla Semi pulling flatbed trailer inside warehouse or manufacturing facility
Fuel SmartsJanuary 21, 2026

First Tesla Semi for RoadOne IntermodaLogistics

RoadOne IntermodaLogistics has bought a fully electric Tesla Semi heavy-duty truck, the first of up to 10 for its Oakland, California, operations.

Read More →
Mercedes-Benz eActros trucks.
Fuel SmartsJanuary 20, 2026

Mercedes-Benz Initiates Megawatt Charging and Long-Haul EV Truck Trials

Mercedes-Benz has begun a new series of tests in Europe to validate vehicle compatibility with megawatt chargers and assess charging performance, thermal management, and usability on long-haul duty routes.

Read More →
Windrose-Greenlane truck charging bundle.
Fuel SmartsJanuary 20, 2026

Windrose Bundles Free EV Truck Charging with Greenlane Infrastructure

Windrose customers will receive unlimited charging for three months on Greenlane’s high-power charging network.

Read More →
Ad Loading...
SponsoredJanuary 19, 2026

3 New Ways Fleet Software Pays: ROI opportunities for modern fleet managers

Safety, uptime, and insurance costs directly impact profitability. This eBook looks at how fleet software is evolving to deliver real ROI through proactive maintenance, AI-powered video telematics, and real-time driver coaching. Learn how fleets are reducing crashes, defending claims, and using integrated data to make smarter operational decisions.

Read More →