Heavy Duty Trucking Logo
MenuMENU
SearchSEARCH

Diesel Prices Creep Upward for Third Straight Week

Diesel prices in the U.S. crept upward last week, continuing a three-week streak of modest increases, according to the latest numbers from the Energy Department.

February 28, 2017
Diesel Prices Creep Upward for Third Straight Week

 

2 min to read


Source: EIA

Diesel prices in the U.S. crept upward last week, continuing a three-week streak of modest increases, according to the latest numbers from the Energy Department.

The average price of on-highway diesel fuel increased by half a cent last week, hitting $2.577 per gallon at the pump. The price is now nearly 59 cents more expensive than it was in the same week of 2016.

Ad Loading...

Across the country, prices were up or flat, depending on the region. The largest increase hit the Rocky Mountain states at 3.4 cents per gallon. The smallest change was seen in both New England and the Gulf Coast, where prices were flat for the week.

The average price of regular gasoline in the U.S. was up 1.2 cents last week, rising to $2.314 per gallon at the pump. The price is currently around 53 cents per gallon more expensive than it was a year ago at this time.

Gasoline prices varied up and down regionally with the largest increase hitting the West Coast at 4.6 cents per gallon. Prices were down by 2.4 cents per gallon last week in the Central Atlantic region.

The crude oil market saw more of the same as of the morning of Feb. 28, as offsetting forces from Middle East and U.S. oil production have kept prices from increasing or decreasing significantly for months now.  

The Organization of the Petroleum Exporting Countries has so far complied with its agreement to reduce or freeze oil production to meet lower global demand and improve prices. However, by bringing prices up from the lows seen in 2016, U.S. oil production has rallied, dampening crude oil pricing gains expected from the OPEC deal. According to a report on CNBC.com, oil drillers in the U.S. were operating 602 rigs last week, the most since October. 2015.

More Fleet Management

Daimler-Class8 partnership.
Fleet Managementby News/Media ReleaseFebruary 2, 2026

DTNA Partners with Class8 to Expand Digital Services for Freightliner Owner-Operators

A new partnership brings free wireless ELD service plus load optimization and dispatch planning tools to fourth- and fifth-generation Freightliner Cascadia customers, with broader model availability planned through 2026.

Read More →
SponsoredFebruary 1, 2026

Reducing Fleet Downtime with Advanced Diagnostics

This white paper examines how advanced commercial vehicle diagnostics can significantly reduce fleet downtime as heavy duty vehicles become more complex. It shows how Autel’s CV diagnostic tools enable in-house troubleshooting, preventive maintenance, and faster repairs, helping fleets cut emissions-related downtime, reduce dealer dependence, and improve overall vehicle uptime and operating costs.

Read More →
SponsoredFebruary 1, 2026

Stop Watching Footage, Start Driving Results

6 intelligent dashcam tactics to improve safety and boost ROI

Read More →
Ad Loading...
M&A illustration with Werner and FirstFleet logos
Fleet Managementby Deborah LockridgeJanuary 29, 2026

Werner Expands Dedicated Fleet Nearly 50% With FirstFleet Acquisition

The $283 million acquisition of FirstFleet makes Werner the fifth-largest dedicated carrier and pushes more than half of its revenue into contract freight.

Read More →
Bobit Business Media B2X Rewards.
Fleet Managementby News/Media ReleaseJanuary 29, 2026

Bobit Business Media Launches B2X Rewards Engagement Program

B2X Rewards is a new, gamified rewards program aimed at driving deeper engagement across BBM’s digital platforms, newsletters, events, and TheFleetSource.com.

Read More →
Trucking Trends series graphic
Fleet Managementby Deborah LockridgeJanuary 29, 2026

AI is Reshaping Trucking in 2026, from the Back Office to the Shop

Trucking’s biggest technology shifts in 2026 have one thing in common: artificial intelligence.

Read More →
Ad Loading...
Column graphic illustration with Deborah Lockridge head shot and a small fleet truck in the background
Fleet Managementby Deborah LockridgeJanuary 27, 2026

Why Small Trucking Fleets Are Still Standing [Commentary]

Why discipline, relationships, and focus have mattered more than size for smaller trucking fleets during the freight recession.

Read More →
Fleet Managementby Deborah LockridgeJanuary 23, 2026

Cargo Theft Is Surging. A Bill in Congress Could Help. [Video]

Cargo theft losses hit $725 million last year. In this HDT Talks Trucking Short Take video, Scott Cornell explains how a bill moving in Congress could bring federal tracking, enforcement, and prosecutions to help address the problem.

Read More →
CargoNet infographic showing 2025 cargo theft trends
Fleet Managementby Deborah LockridgeJanuary 22, 2026

Cargo Theft Losses Jump 60% in 2025 as Criminals Target Higher-Value Freight

Cargo theft activity across North America held relatively steady in 2025 — but the financial damage did not, as ever-more-sophisticated organized criminal groups shifted their cargo theft focus to higher-value shipments.

Read More →
Ad Loading...
Phillips Connect -- McLeod smart trailer TMS.
Fleet ManagementJanuary 22, 2026

Phillips Connect, McLeod Integrate Smart Trailer Data into TMS Workflows

A new partnership between Phillips Connect and McLeod allows fleets to view trailer health, location, and cargo status inside the same McLeod workflows used for planning, dispatch, and execution.

Read More →