Diesel Costs Continue Falling as Oil Prices Keep Sliding
On Monday the U.S. Energy Department reported the sixth consecutive drop in the average price of diesel, down 4.2 cents from last week to $3.656.


Prices for fuel keep moving lower as oil costs are at some of their lowest levels in at least two years.
On Monday the U.S. Energy Department reported the sixth consecutive drop in the average price of on-highway diesel, down 4.2 cents from last week to $3.656. Factoring in weeks when the average diesel price was unchanged from the week before, diesel prices haven't increased since late June.
The current price compares to a high for the year of $4.021 hit on March 10 and is the lowest since July 2012. It's 23 cents less than same time a year ago.
Prices are down in all parts of the country over the past week, with the smallest decline happening in the Rocky Mountain region, 1.2 cents, for an average of $3.738. The biggest drop occurred in New England, down 6.4 cents for an average of $3.751 -- still the second most expensive part of the country.
Diesel ranges from a low of $3.589 in the Gulf Coast region, down 4.8 cents from last week, to a high of $3.835 in the West Coast region, a 5.6-cent drop during the same time. Compared to a year ago the regions are down at least 21 cents per gallon.
The average cost of regular grade gasoline posted an even bigger decline over the past week, falling 8.7 cents to $3.12 per gallon. Compared to this time last year the price is 24 cents less.
Regionally, prices are down by at least 5.6 cents over the past week and are at least 17.6 cents less compared to the same time last year.
Gasoline ranges from a low of $2.912 in the Gulf Coast region to a high of $3.424 in the West Coast region.
Meantime, the price of crude barely moved lower on Monday, but it is down more over the past week, after briefly going below the $80 per barrel level in trading last Thursday. It settled at $82.71 in New York, four cents lower on the day but down more than $2 from where it opened last Tuesday.
Last week U.S. oil lost 3.6% and is down for three consecutive weeks. Brent crude in London has fallen for four consecutive weeks, including losing nearly 5% last week. These are near two-year and four-year lows, respectively.
Analysts attribute the recent decline to increasing supplies of U.S. crude while worldwide demand is falling, due in part to less economic growth in some countries. So far, the OPEC oil cartel hasn’t signaled it’s poised to do anything about lower prices, with its next meeting not scheduled until the end of November.
More Fuel Smarts

Kempower Adds Flex EV Charger to Help Support Transition to Megawatt Charging
The Kempower Mega Satellite Flex has both a CCS and MCS connector, allowing operators to serve both types of heavy-duty vehicles.
Read More →
Hino Adds Electric Class 6/7 Truck
Hino says the Le Series is an important step in the company's efforts to reduce environmental impact and support its customers’ sustainability goals.
Read More →
Can Multi-Speed EV Transmissions Solve Heavy Trucking’s Biggest Electric-Vehicle Problems?
A startup called Sigma Powertrain believes purpose-built multi-speed gearboxes can boost efficiency, reduce battery size and improve gradeability for heavy-duty battery-electric trucks.
Read More →
Hendrickson Debuts Electraax E-Axle for Medium-Duty Trucks
Developed with Driventic, Hendrickson's new integrated e-axle is designed to improve efficiency, reduce weight, and extend range in Class 6-7 EV applications.
Read More →
50 Ways Fleets Can Cut Fuel Costs Now — Without Buying New Trucks
Fuel savings don’t come from one big change. They come from dozens of small ones. Here’s how leading fleets are stacking gains across drivers, routing, maintenance, and more.
Read More →
Top Green Fleets 2026: How Fleets Are Reducing Emissions in the Real World
What works in sustainable trucking today? Heavy Duty Trucking's Top Green Fleets are finding practical ways to cut fuel use, reduce emissions, and keep freight moving.
Read More →
California Launching $1 Billion Electric Truck Rebate Program
CARB says the California Clean Fuel Reward program will begin offering point-of-sale rebates of up to $120,000 for electric commercial trucks starting June 26.
Read More →
Mack Unveils EPA 2027-Compliant MP13 Engine With More Power, Better Fuel Economy
Along with unveiling its EPA 2027-compliant MP13 engine, Mack outlined powertrain changes across its Class 6-8 lineup, including new Cummins-based X10 engines.
Read More →
How Volvo’s New D13 Engine Meets EPA 2027 Emissions Without Sacrificing Power or Fuel Efficiency
Volvo says advances in combustion and aftertreatment helped its new EPA 2027 D13 engine avoid the fuel-economy penalties many once expected from tighter NOx emissions limits.
Read More →
'TCO’s Here.' Tesla Says Electric Semi Economics Are Ready for the Mainstream
Tesla’s Semi chief at ACT Expo outlined production growth, lower-cost models, charging expansion, and why the company believes fleets are leaving money on the table by waiting on electric trucks.
Read More →
