Diesel Price at Lowest Level in More than 5 Years
The national average cost of on-highway diesel has fallen once again over the past week, posting its fifth uninterrupted drop and hitting its lowest level since late December of 2009, according to new U.S. Energy Department figures.


The national average cost of on-highway diesel has fallen once again over the past week, posting its fifth uninterrupted drop and hitting its lowest level since late December of 2009, according to new U.S. Energy Department figures.
The 3 cents decline from last week puts it a $3.754 per gallon, for a combined drop of 19 cents over the past five weeks. Compared to the same time a year ago the current price is $1.198 less.
Prices declined in all the different sections of the country over the past week, ranging from a 0.4 cent in the West Coast region, where it averages $2.914, to as much as 4.2 cents in the Central Atlantic states for an average of $3.08, also the highest priced part of the country.
The least expensive price is in the Gulf Coast region at $2.62, down 2.3 cents from last week.

As for regular grade gasoline, it posted a much smaller overall decline of 0.5 cent from last week for a national average of $2.408. While this marks its third consecutive weekly drop, gasoline is up more than 35 cents since hitting a multi-year low $2.044 in January. Compared to the same time a year ago the current average cost is still $1.243 less.
Prices increased less than a penny over the past week in the East Coast and Gulf Coast regions but it gained more than 3 cents in the Rocky Mountain region. All other regions declined. Gasoline ranges from a low of $2.188 in the Gulf Coast region to a high of $2.922 in the West Coast region.
Meantime, the price of crude oil edged higher on Monday, picking up 27 cents in New York trading before settling at $51.91 per barrel. Despite the slight uptick, it’s down 4 cents from last Tuesday’s opening market price of $51.95, following a volatile trading last week and is still down around 50% from more than $100 per barrel hit last July.
More Fuel Smarts

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 →
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 →
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 →
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 →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 →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 →
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 →
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 →
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 →
Wex Adds Cardless Fuel Payments for Over-the-Road Customers
A new fuel card feature for Wex customers offers convenience and security.
Read More →
