Diesel prices in the U.S. were down by less than a cent, marking the third straight week of decreases since the start of the year
by Staff
January 30, 2017
2 min to read
Source: EIA
Diesel prices in the U.S. were down by less than a cent, marking the third straight week of decreases since the start of the year, according to the latest numbers from the Energy Department.
The average price for a gallon of on-highway diesel fuel fell by 0.7 cents last week, settling to $2.562 per gallon at the pump. The price is now more than 53 cents more expensive than it was in the same week of 2016.
Ad Loading...
Changes in the price of diesel fuel varied by region with the largest decrease occurring in the Rocky Mountain region, which saw a 1.6-cent drop. Prices were actually up slightly in the Lower Atlantic region with a 0.3-cent increase for the week.
Gasoline prices were also down last week, dropping another 3 cents and settling to $2.296 per gallon. The average price of regular gasoline is now 47.4 cents higher compared to the same week a year ago.
The largest drop in gas prices was in the Midwest, where prices decreased by 5.1 cents for the week. On the West Coast, prices were up slightly, jumping 0.2 cents.
Ad Loading...
Crude oil prices were down again on Jan. 30 as the rampup in U.S. oil production continues to offset production freezes in the Middle East.
In addition to increased domestic oil production, a stronger U.S. dollar and indications that countries like Russia might not meet their full production-reduction target also added to the subdued oil market, according to a CNBC report.
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.