Heavy Duty Trucking Logo
MenuMENU
SearchSEARCH

Diesel Prices Fall by Nearly 3 Cents

The price of diesel fuel in the U.S. fell by nearly 3 cents last week after staying essentially flat for over a month, according to the latest numbers from the Energy Department.

by Staff
November 14, 2016
Diesel Prices Fall by Nearly 3 Cents

 

2 min to read


Source: EIA

The price of diesel fuel in the U.S. fell by nearly 3 cents last week after staying essentially flat for over a month, according to the latest numbers from the Energy Department.

The average price of on-highway diesel fuel fell by 2.7 cents last week, bringing the price down to $2.443 per gallon. Compared to the same week in 2015, the price is 3.9 cents cheaper.

Ad Loading...

Unlike previous weeks, which saw a mix of trends increasing or decreasing in different parts of the country, all major regions saw a decrease in prices. The largest decrease was in the Rocky Mountain region where prices fell by 4 cents while the region with the least change was the West Coast at 0.9 cents.

Gas prices were down by an even larger margin last week with the average price of regular gasoline falling 4.9 cents from the previous week and settling at $2.184. Despite the decrease, the price of gasoline is 0.6 cents more expensive than it was in the same week a year ago.

The largest decrease in prices by region was in the Midwest, where prices fell by 8.8 cents for the week. The smallest decrease was in the Central Atlantic region where prices only fell by 1.4 cents over the same period.

Ad Loading...

Crude oil prices were down to near quarterly lows on Nov. 14, as the market weighs the likelihood that oil supply will remain higher than demand into 2017, according to the Wall Street Journal.

Once again, the rumored deal between oil producing countries to freeze or even reduce oil production seems unlikely to happen. A global supply glut has driven prices down in the past year as demand in places like China wanes under a weaker economy.

More Fuel Smarts

Illustration showing DEF tank and Detroit engine
Equipmentby Deborah LockridgeJune 18, 2026

DTNA Software Update Gives Truckers More Time Before DEF Derates Take Effect

The changes reflect EPA guidance aimed at reducing downtime caused by emissions-system faults while maintaining compliance requirements.

Read More →
Illustration of exhaust aftertreatment system on an AI-inspired blue background and a green fuel pump nozzle in the foreground.
Maintenanceby Deborah LockridgeJune 15, 2026

New Agentic Predictive Maintenance Report Demonstrates How Degraded Aftertreatment Systems Waste Fuel

Questar analyzed a large mixed-class fleet and discovered it was wasting as much as $30 in fuel per vehicle, per day, because of mechanically degraded aftertreatment systems.

Read More →
Amazon electric cargo bike on New York City street
Fleet ManagementJune 15, 2026

New York City's Microhub Project is Delivering Results

Trucking, last-mile delivery companies, and environmental advocates like what they are seeing so far with New York's microhub program.

Read More →
Ad Loading...
Red Kenworth truck pulling Paper Transport trailer
Fuel Smartsby Deborah LockridgeJune 2, 2026

Lessons Learned About Alternative Fuels: Start Small, Stay Flexible

Practical advice on adopting alternative fuels and ZEVs from HDT's 2026 Top Green Fleets, from renewable diesel and natural gas to electric trucks.

Read More →
Composite image of different angles of the Kempower charger
Fuel Smartsby News/Media ReleaseMay 29, 2026

Kempower Adds Flex EV Charger to Help Support Transition to Megawatt Charging

The Kempower Mega Satellite Flex has both a CCS and MCS connector, allowing operators to serve both types of heavy-duty vehicles.

Read More →
White Hino Le electric tractor on show floor
Equipmentby News/Media ReleaseMay 26, 2026

Hino Adds Electric Class 6/7 Truck

Hino says the Le Series is an important step in the company's efforts to reduce environmental impact and support its customers’ sustainability goals.

Read More →
Ad Loading...
Sigma Powertrain BEV transmission.
Fuel Smartsby Jack RobertsMay 26, 2026

Can Multi-Speed EV Transmissions Solve Heavy Trucking’s Biggest Electric-Vehicle Problems?

A startup called Sigma Powertrain believes purpose-built multi-speed gearboxes can boost efficiency, reduce battery size and improve gradeability for heavy-duty battery-electric trucks.

Read More →
Red Hendrickson e-axle at ACT Expo booth
Equipmentby News/Media ReleaseMay 22, 2026

Hendrickson Debuts Electraax E-Axle for Medium-Duty Trucks

Developed with Driventic, Hendrickson's new integrated e-axle is designed to improve efficiency, reduce weight, and extend range in Class 6-7 EV applications.

Read More →
Fueling trucks.
Fuel SmartsCover Storyby Deborah LockridgeMay 18, 2026

50 Ways Fleets Can Cut Fuel Costs Now — Without Buying New Trucks

Fuel savings don’t come from one big change. They come from dozens of small ones. Here’s how leading fleets are stacking gains across drivers, routing, maintenance, and more.

Read More →
Ad Loading...
Collage of HDT Top Green Fleets with logo
Fuel Smartsby Deborah LockridgeMay 18, 2026

Top Green Fleets 2026: How Fleets Are Reducing Emissions in the Real World

What works in sustainable trucking today? Heavy Duty Trucking's Top Green Fleets are finding practical ways to cut fuel use, reduce emissions, and keep freight moving.

Read More →