Related: Diesel Prices Fall to End the Year
Diesel Prices Fall in First Week of 2016
The price of on-highway diesel fuel and regular gasoline continued last year’s trend of falling prices with another decrease in the first week of 2016.

The price of on-highway diesel fuel and regular gasoline continued last year’s trend of falling prices with another decrease in the first week of 2016, according to the latest Energy Department numbers.
The average price of a gallon of diesel fuel dropped 3.4 cents last week to a low of $2.177. The price is 87.8 cents cheaper than it was the same week a year ago.
Prices fell across the U.S. with the largest single-week decrease coming to the Rocky Mountain region at 5.7 cents per gallon. The smallest drop last week was in the New England region at 0.9 cents per gallon.
The average price of regular gasoline also dropped last week, falling 3.2 cents to $1.996 per gallon. Regular gasoline is 14.3 cents cheaper than it was in the same period in 2015.
The largest decrease in gasoline prices was in the Midwest, where it fell 3.9 cents per gallon. The smallest drop was in the Rocky Mountain region at 1.8 cents per gallon.
Energy prices were down by the end of trading on Jan. 11 with the price of a barrel of crude oil approaching $30 a barrel, according to The Wall Street Journal.
Oil prices have been in a freefall as the market reacts to low demand undercutting consistently high production.
Recent reports of a slumping Chinese economy and the looming possibility that Iran will have sanctions lifted have only compounded the problem. China is the second-largest oil consumer on the globe and with Iranian oil entering the global market, prices may decrease further.
More Fuel Smarts

Cummins Adjusts 2027 Engine Rollout After EPA Proposal
The engine maker will gradually introduce its new Model Year 2027 diesel engines while continuing to offer current models during the transition, citing the EPA's proposed emissions rule changes.
Read More →
EPA Proposal Could Ease 2027 Truck Costs and Buying Uncertainty
The proposal doesn't change the tougher NOx standard, but it would revise key implementation requirements that manufacturers say have driven up costs and complicated fleet purchasing decisions.
Read More →
Cummins, Paccar Ease DEF Derates After EPA Guidance
Updated diesel engine software gives truck operators more time to address emissions-system issues while staying compliant with EPA emissions standards.
Read More →
Maintenance in the Messy Middle Part 3: Biodiesel
Biodiesel can reduce emissions, improve fuel-system lubricity and use existing diesel infrastructure. But NACFE’s Messy Middle maintenance report says fleets must actively manage storage, cold-weather operation, filters and oil drain intervals to avoid problems.
Read More →
Enhance Fleet Performance with High-Efficiency Auxiliary Power Units
Drive sustainable cost savings while increasing driver comfort during short- and long-haul logistics operations.
Read More →
Maintenance in the ‘Messy Middle’ Part 2: Renewable Diesel Fuel
NACFE's latest Messy Middle Powertrain Service & Maintenance report says renewable diesel gives fleets an opportunity to reduce carbon emissions without changing trucks, fueling infrastructure or maintenance practices. But technicians still need to understand several important operational differences.
Read More →
The Diesel Engine Enters NACFE’s ‘Messy Middle’
NACFE’s new Messy Middle Powertrain Service & Maintenance report says keeping modern diesel engines running now depends as much on software, diagnostics and data as traditional mechanical service.
Read More →
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 →
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 →
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 →
