The average price of diesel fuel fell again last week, continuing a streak of very slight declines in the past month, according to the latest numbers from the Energy Department.
by Staff
July 18, 2016
2 min to read
Source: EIA
The average price of diesel fuel fell again last week, continuing a streak of very slight declines in the past month, according to the latest numbers from the Energy Department.
The price of on-highway diesel fuel in the U.S. fell 1.2 cents last week to $2.402 per gallon at the pump. While fuel prices in general have been on the rise, the past month has seen a flattening of prices in general with a slight downward trend. Compared to the same week in 2015, the price is 38 cents cheaper.
Ad Loading...
The largest decrease in prices was in the New England region where prices fell 2.3 cents for the week. Prices on the Gulf Coast actually increased by a barely perceptible 0.1 cents per gallon.
The average price of regular gasoline was also down last week, falling 2.3 cents per gallon, and hitting $2.23 per gallon. The price of gasoline is 57.2 cents cheaper than it was in the same week a year ago.
Broken down by region, the largest drop in prices was in the Lower Atlantic where prices fell 4.6 cents in one week. The smallest change in prices was in the Midwest where the price dropped 0.3 cents per gallon.
Ad Loading...
Crude oil prices have also been down in recent weeks, at first affected by the U.K.’s impending exit from the European Union, but now facing the continuing prospect of over production, according to a Wall Street Journal report.
A global supply glut caused by over production in major oil producing countries that originally led to a drop in oil prices earlier this year has not gone away. In particular, lower demand for foreign oil in China has affected investors' outlook on the oil market.
A new report from the Electrification Coalition outlines key barriers slowing electric truck charging deployment and offers policy solutions to accelerate infrastructure growth.
Westport and Volvo are demonstrating a 500-hp truck with diesel-like efficiency — one that also offers what Westport says is a better pathway to using hydrogen fuel in trucks.
Relying on diesel alone exposes fleets to fuel price volatility. Here’s why diversification with electric, natural gas, and renewable fuels can reduce risk.
Range Energy said its production-ready eTrailer system proved it can boost stability, safety, and efficiency in sub-zero winter conditions as the company moves toward scaled deployment.
Watch to learn how Deflecktor's new wheel cover design is taking a simpler approach to aerodynamics, with an eye toward making it more practical for both trucks and trailers.
Aerodynamic wheel covers can deliver small but meaningful fuel-economy gains for fleets, and Deflecktor says its latest design aims to make the technology easier and more affordable to deploy.
When diesel prices are as volatile as they've been in 2026, it makes it tough for trucking fleets to plan and control costs. Breakthrough Fuel's Jenny Vander Zanden has insights on near-term savings strategies.