Heavy Duty Trucking Logo
MenuMENU
SearchSEARCH

Diesel Posts First Weekly Gain Since May as Oil is Over $100 Per Barrel

The national average price of diesel has posted its first increase for the first time in several weeks, following a big spike in the price of oil. This is the first increase since the week of May 20 and puts the price of diesel 14.5 cents a gallon higher than the same week a year ago.

Evan Lockridge
Evan LockridgeFormer Business Contributing Editor
July 8, 2013
Diesel Posts First Weekly Gain Since May as Oil is Over $100 Per Barrel

 

2 min to read


The national average price of diesel has posted its first increase for the first time in several weeks following a big spike in the price of oil.

Ad Loading...

The U.S. Energy Department says the average price of diesel increased 1.1 cent over the past week to $3.828 per gallon. This is the first increase since the week of May 20 and puts the price of diesel 14.5 cents a gallon higher than the same week a year ago. Before this week’s increase diesel had shed a little more than 7 cents.

Ad Loading...

Prices increased in all regions of the country, except in the New England sub-region of the East Coast region, falling 0.6 cents to $3.965 (also the most expensive part of the country), and 0.8 cents in the Rocky Mountain region, for an average of $3.811.

The least expensive region for diesel is the Gulf Coast, where prices rose 1.9 cents, the biggest gain of any part of the country, for an average of $3.753.

In contrast, gasoline continued its recent drop, reporting its fifth straight weekly decline. The national average of $3.492 per gallon is down 0.4 cents over the past week but 8.1 cents higher than the same week a year ago.

Gasoline prices range from $3.295 in the Gulf Coast region to $3.875 in the West Coast states.

The increase in diesel prices is hardly surprising. While oil lost 8 cents in trading Monday in New York, settling at $103.14 per barrel, prices last week jumped 6.9%, hitting $103.22 per barrel on Friday, its highest closing price since May of 2012.

Ad Loading...

The run-up in oil futures was sparked Friday by a government report showing there was a net gain of nearly 200,000 jobs in the U.S. during June, along with concerns that political instability in Egypt could result in a disruption of oil shipments through the Suez Canal, a key route for oil shipments from the Mideast.

More Drivers

Illustration of Department of Labor building, diesel technician at a computer, and driver training semi trailer
Driversby Deborah LockridgeMarch 10, 2026

Federal Proposal Would Allow Pell Grants for Shorter-Term Job Training

The Department of Labor plans to expand Pell Grant eligibility to some shorter workforce training programs, a move the American Trucking Associations said will help strengthen commercial driver training schools and diesel technician training programs.

Read More →
Illustration of truck owner operator and magnifying glass with the word "regulations"
Driversby Deborah LockridgeFebruary 26, 2026

Owner-Operator Model Gets Boost as DOL Proposes 2024 Independent Contractor Definition Reversal

For an industry that has watched this issue go back and forth for years, the independent contractor proposal marks the latest swing in the regulatory pendulum.

Read More →
 Truck with door open and enforcement officer talking to driver about ELD
DriversFebruary 26, 2026

FMCSA Reinstates Field Warrior ELD to Registered Device List

One electronic logging device has been reinstated to the FMCSA's list of registered ELDs.

Read More →
Ad Loading...
Photo of truck driver in yellow safety vest walking alongside tractor-trailer
Driversby Deborah LockridgeFebruary 25, 2026

How One Company is Using Smart Suspension Technology to Reduce Driver Injuries and Improve Retention

America’s Service Line adopted Link’s SmartValve and ROI Cabmate systems to address whole-body vibration, repetitive strain, and driver turnover. The trucking fleet is already seeing measurable results.

Read More →
Illustration with photos from some of the 2026 Best Fleets to Drive For honorees
Driversby News/Media ReleaseFebruary 24, 2026

CarriersEdge Announces 2026 Best Fleets to Drive For

The 18th annual contest recognizing the best workplaces for truck drivers sees changes to Top 20, Hall of Fame

Read More →
Illustration of driver students around trucks with distressed graphic elements and safety cones
Driversby Deborah LockridgeFebruary 19, 2026

FMCSA Targets 550+ ‘Sham’ CDL Schools in Nationwide Sting Operation

The Federal Motor Carrier Safety Administration issued more than 550 notices of proposed removal to commercial driver training providers following a five-day nationwide enforcement sweep. Investigators cited unqualified instructors, improper training vehicles, and failure to meet federal and state requirements.

Read More →
Ad Loading...
 Illustration showing a driver behind the wheel, DOT offices, and examples of problematic non domiciled CDL
Driversby Deborah LockridgeFebruary 18, 2026

DOT Alleges Illinois Issued Illegal Non-Domiciled CDLs

Illinois is the latest state targeted and threatened with the loss of highway funding by the U.S. Department of Transportation in its review of states' non-domiciled CDL issuance procedures. The state is pushing back.

Read More →
 Illustration showing a driver behind the wheel, DOT offices, and examples of problematic non domiciled CDL
Driversby Deborah LockridgeFebruary 12, 2026

FMCSA Locks in Non-Domiciled CDL Restrictions

After a legal pause last fall, FMCSA has finalized its rule limiting non-domiciled commercial driver's licenses. The agency says the change closes a safety gap, and its revised economic analysis suggests workforce effects will be more gradual than first thought.

Read More →
Photo of Stone's Truck Stop
Driversby News/Media ReleaseFebruary 5, 2026

Trucker Path Names Top Truck Stops for 2026

Truck driver ratings reveal the best chain and independent truck stops in the country.

Read More →
Ad Loading...
SponsoredFebruary 1, 2026

6 Dashcam Tactics to Improve Safety & ROI

6 intelligent dashcam tactics to improve safety and boost ROI

Read More →