Heavy Duty Trucking Logo
MenuMENU
SearchSEARCH

Average Diesel Prices Drop to $2.40

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
Average Diesel Prices Drop to $2.40

 

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.

Ad Loading...

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.

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.

More Fuel Smarts

Solar panels on top of a red Class 8 truck sleeper cab
Equipmentby Deborah LockridgeMarch 15, 2026

Vanair Introduces Solar, Battery Power Ecosystem for Class 8 Trucks

The company’s expanded EPEQ ecosystem includes flexible solar panels, lithium batteries, hydraulic power systems, and a portable fast charger for electric trucks.

Read More →
HDT Talks Trucking thumbnail saying: NACFE's Messy Middle: Which Fuel Wins?
Fuel SmartsMarch 11, 2026

Run on Less “Messy Middle” Data Shows Multiple Paths for Truck Powertrains [Listen]

Listen as Mike Roeth of the North American Council for Freight Efficiency shares insights into battery-electric trucks, natural gas, biofuels, and clean diesel on this episode of HDT Talks Trucking.

Read More →
YouTube thumbnail with Mike Roeth of NACFE saying "NACFE's Messy Middle: Which Fuel Wins?"
Fuel Smartsby Deborah LockridgeMarch 11, 2026

Run on Less “Messy Middle” Data Shows Multiple Paths Forward for Truck Powertrains [Watch]

NACFE's Run on Less - Messy Middle project demonstrates the power of data in helping to guide the future of alternative fuels and powertrains for heavy-duty trucks.

Read More →
Ad Loading...
Mike Kucharski, vice president, JKC Trucking.
Fuel Smartsby Jack RobertsMarch 10, 2026

Trucking Executive Warns Fuel Spike from Middle East Conflict Hitting Fleets Fast

Mike Kucharski, vice president of refrigerated carrier JKC Trucking, says diesel price jumps tied to global instability are squeezing carriers already struggling with weak freight rates.

Read More →
A mechanic in a workshop leans over the open engine compartment of a large yellow vehicle, inspecting components while holding a tablet.
Sponsoredby Kristy CoffmanMarch 9, 2026

Smarter Maintenance Strategies to Keep Trucks Rolling

In today’s cost-conscious market, fleets are finding new ways to get more value from every truck on the road. See how smarter maintenance strategies can boost uptime, control costs and drive stronger long-term returns.

Read More →
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

Researchers Demonstrate Wireless Charging of Electric Heavy-Duty Truck at Highway Speeds

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 →
Ad Loading...
Illustration showing diesel exhaust fluid pump sign and EPA headquarters
Equipmentby Deborah LockridgeFebruary 3, 2026

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

6 Dashcam Tactics to Improve Safety & ROI

6 intelligent dashcam tactics to improve safety and boost ROI

Read More →
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 →
Ad Loading...
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 →