Diesel Falls to Lowest Price Since July, Crude Hits Highest Level Since September
Diesel has declined 0.8 cents per gallon over the past week for a U.S. average of $3.841 per gallon, it’s lowest since last July. This marks the fourth straight decline, placing it just over a nickel lower than where it was the last time it moved higher, while the current price is 11.2 cents per gallon higher than the same time a year ago.
The price of fuel has moved lower while oil is at a level not seen since last year.
Diesel has declined 0.8 cents per gallon over the past week for a U.S. average of $3.841 per gallon, it’s lowest since last July. This marks the fourth straight drop, placing it just over a nickel lower than where it was the last time it moved higher, while the current price is 11.2 cents per gallon higher than the same time a year ago.
Despite the overall slight decline, prices for diesel moved less than a penny higher in two sub-regions of the East Coast, New England and Central Atlantic, along with the West Coast region. All other regions reported declines, with the largest coming from the Midwest, down 1.8 cents for an average of $3.859, but just over 20 cents higher than the same time a year ago.
Diesel ranges between a low of $3.741, in the Gulf Coast region, down 0.7 cents over the past week, to a high of $3.98 in New England, up 0.2 cents over the same time.
Gasoline continued its recent trend of seesawing up and down in recent weeks, declining 2.9 cents this week from a week ago for a U.S. average of $3.626, down 2.9 cents, but up 9.3 cents from the same time in 2012.
Prices increased in roughly half the different sub-regions and regions of the country, with costs ranging from a low of $3.378 in the Gulf Coast, up 3.9 cents over the past week, to a high of $3.88 in the West Coast region, up one cent from a week ago.
The declines in diesel and gasoline come as oil has moved higher over the past week in New York trading, setting at $97.77 per barrel on Monday, up nearly around $2 from a week ago, after going as high as $98.74 during Monday trading, it highest price since last September. Analysts say the increasing prices are due to worries about conflicts in the oil-rich Middle East, including the civil war in Syria.
More Drivers

Trump Administration Looks to Put More Veterans Behind the Wheel
The Freedom Haulers program pulls together existing and expanded programs at several federal agencies to recruit veterans to drive commercial heavy-duty trucks and cut the red tape for them to get a CDL, training, and employment.
Read More →
Putting Mack’s Command Steer to the Test
A test drive of Mack’s Command Steer active steering system evaluates how it can make truck driving easier and less tiring.
Read More →
Competition Heating Up for Truck Drivers
New report reveals rising driver hiring costs, the return of sign-on bonuses, growing AI advantages, and the operational factors shaping driver retention.
Read More →
How Fraley & Schilling Improved Logbook Compliance by Over 50%
Fraley & Schilling needed a way to close a compliance workflow gap in its ELD system without adding more work from driver training, reminders, and back-office follow-ups. It found the answer in a custom driver app.
Read More →
Volvo Goes Gaming
Volvo has roared into American Truck Simulator with two new flagship trucks.
Read More →
What the Best Fleets to Drive For Teach About Driver Retention
Survey fatigue, AI-powered routing, owner-operator expectations, and the decline of social media all emerged as themes from this year's Best Fleets to Drive For program.
Read More →
Driver Retention Lessons From the Best Fleets to Drive For
What separates trucking's best workplaces from the rest? Jane Jazrawy shares the biggest lessons from this year's Best Fleets to Drive For program on driver retention, communication, AI, and workforce trends on the HDT Talks Trucking podcast.
Read More →
Farewell, CDL: Why I'm Giving Up My Commercial Driver's License
After more than 20 years as a CDL holder, HDT Executive Editor Jack Roberts is letting his commercial license expire. Not because he wants to — but because trucking's nuclear verdict crisis has made the risks of public-road test drives too great for editors, manufacturers, and everyone involved.
Read More →How Top Trucking Fleets Improve Driver Retention [Video]
What do healthy snacks, optimized routing, and just picking up the phone have in common? They're all strategies the Best Fleets to Drive For are using to retain truck drivers.
Read More →
Trucker Path Adds Verisk CargoNet Theft Data to Navigation Platform
Trucker Path’s new cargo theft risk overlays give drivers and fleets visibility into high-risk areas, stolen commodity trends, and theft hotspots.
Read More →
