Heavy Duty Trucking Logo
MenuMENU
SearchSEARCH

Average Diesel Prices See Significant Weekly Drop

Weekly average on-highway diesel and regular gasoline fuel prices saw significant drops last week, according to the latest numbers from the Energy Department.

by Staff
January 19, 2016
Average Diesel Prices See Significant Weekly Drop

Source: EIA

2 min to read


Source: EIA

Weekly average on-highway diesel and regular gasoline fuel prices saw significant drops last week, according to the latest numbers from the Energy Department.

The average price of a gallon of diesel fuel dropped by 6.5 cents in a single week, settling to a new low of $2.112. That price is 82.1 cents cheaper than it was a year ago and is a continuation of the downward trend in prices seen throughout 2015.

Ad Loading...

When broken down by area, the largest drop in prices was in the Midwest at 7.3 cents per gallon while the smallest drop was found in the Central Atlantic region at 4.5 cents.

Gasoline prices saw an even bigger drop with an 8.2-cent drop, falling to 1.914 per gallon. Despite the low prices, the price is only 15.2 cents cheaper than it was in the same week a year ago.

Prices were down across the U.S. last week with the largest drop in prices coming to the Midwest at 10.9 cents per gallon. The smallest price drop was in the Rocky Mountain region at 4 cents even.

Ad Loading...

Oil prices hit some of the lowest levels of the 21st century on Tuesday as the U.S. lifted its sanctions on Iranian oil, allowing an already oversupplied market to gain another producer, according to a Wall Street Journal report. Oil prices fell over 3% for the day hitting a 12-year low. 

Currently, the cost of oil is trading at around $28 per barrel.

More Fuel Smarts

A GP Transco tractor-trailer crosses a bridge over a river, with trailer side skirts visible beneath the white trailer.
Fuel Smarts•by Deborah Lockridge•October 27, 2026

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 →
Man on large stage with American Trucking Associations logo in the background and large screen displays of distillate stocks.
Fuel Smarts•by Deborah Lockridge•October 20, 2026

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 →
Computer rendering showing airflow around a trailer’s tandem wheels equipped with FlowBelow AeroSlider fairings and wheel covers.
Fuel Smarts•by Deborah Lockridge•October 18, 2026

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 →
Ad Loading...
Illustration with oil wells, dollar bills, and a diesel fuel pump
Fuel Smarts•by Deborah Lockridge•October 14, 2026

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 →
Video thumbnail with text: Fuel -- small gains, big savings.
Fuel Smarts•October 12, 2026

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 →
Youtube thumbnail showing two people with a truck and the word "fuel" behind them, the HDT Talks Trucking logo, and the words "Small Gains. Big Savings."
Fuel Smarts•by Deborah Lockridge•October 12, 2026

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 →
Ad Loading...
Photo of electric OrangeEV terminal tractor with a Lazer Logistics trailer
Equipment•by Staff•October 6, 2026

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 →
Illustration of map with GPS markers overlaid with Geotab fleet card and a fuel pump nozzle
Fuel Smarts•by Staff•October 2, 2026

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 →
White Tesla Semi electric truck on display on a show floor
Equipment•by Staff•September 30, 2026

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 →
Ad Loading...
Male truck driver in flannel shirt by truck using his smartphone
Fuel Smarts•by News/Media Release•September 23, 2026

Wex Adds Cardless Fuel Payments for Over-the-Road Customers

A new fuel card feature for Wex customers offers convenience and security.

Read More →