MENU
SEARCHThe average cost of on-highway diesel continues falling as oil prices hit its lowest level in years, according to new U.S. Energy Department figures.
The average cost of on-highway diesel continues falling as oil prices hit its lowest level in years, according to new U.S. Energy Department figures.
It has declined another 7 cents from last week to $3.535 per gallon, its lowest level since February 2011. Compared to the same time a year ago the price is 34.4 cents less and compares to a high for the year of $4.021 in March.
Prices once again fell in all regions of the country over the past week, ranging from 4.3 cents in the Central Atlantic states to $3.539, to a much as 9.9 cents in the West Coast region to $3.593. Prices are down by nearly 20 cents to more than 50 cents in the different parts of the country compared to the same time in 2013.
Diesel ranges from a low of $3.386 in the Lower Atlantic states, down 4.3 cents from a week ago, to a high of $3.655 in the Rocky Mountain region, down 7.2 cents over the same time period.
Meantime, the national average cost of regular grade gasoline posted a 9.9 cents drop over the past week, hitting $2.679 per gallon, its lowest level since February 2010. Compared to the same time last year it is 59 cents less.
It ranges from a low of $2.44 in the Gulf Coast region to a high of $2.94 in the West Coast region. Prices are down in all regions over the past week with year-over-year declines of nearly 34 cents to just slightly more than 67 cents in the different parts of the country.
This happened as oil on Monday fell to a five-year low in trading in New York and is about 40% less that its level in July. It settled on Monday at $63.05 per barrel, down $2.79 for the day amid predictions that a global glut of crude will last at least into the first half of 2015, due to increased production in the U.S., continued high production by the OPEC oil cartel and lessening demand by some overseas nations.
How a former commercial vehicle enforcement officer turned director of safety at K&B Transportation is embracing real-world safety technology.
Read More →
When the unexpected happens, how you react to, and deal with operational blind spots is critical. Here’s how to keep you recovery on track, when nothing is normal.
Read More →
As fleets adopt artificial intelligence for routing, maintenance, and load matching, new security risks are emerging. Learn where the vulnerabilities are and how to put the right controls in place.
Read More →
The long-awaited registration system promises a single portal — and tighter fraud controls.
Read More →
CargoNet reports fewer supply chain crime events to start 2026. But losses hold steady as organized crime shifts tactics toward impersonation schemes and high-value goods.
Read More →
Heavy Duty Trucking is searching for forward-looking leaders at trucking fleets as nominations for HDT’s Truck Fleet Innovators 2026. Deadline is May 15.
Read More →
Cargo theft rings plant operatives as drivers inside legitimate, fully vetted carriers, then execute coordinated thefts that look like a traditional straight theft from the outside.
Read More →
A modest sequential increase capped the strongest quarterly performance in years, signaling continued freight momentum in early 2026.
Read More →
More than 300 carriers across 26 states have been sent to collections as the Ohio Turnpike cracks down on toll evasion and delinquent payments.
Read More →
The American Transportation Research Institute will examine driver coaching, regulatory impacts — including the "Beyond Compliance" concept —and weather disruptions that shape trucking operations.
Read More →
