Heavy Duty Trucking Logo
MenuMENU
SearchSEARCH

Diesel Prices Fall Slightly for the Third Week in a Row

The average price of diesel fuel dropped by nearly 1 cent last week, the fourth straight week of small price decreases, according to the latest numbers from the Energy Department.

by Staff
July 11, 2016
Diesel Prices Fall Slightly for the Third Week in a Row

 

2 min to read


Source: EIA

The average price of diesel fuel dropped by nearly 1 cent last week, the fourth straight week of small price decreases, according to the latest numbers from the Energy Department.

The price of on-highway diesel fuel in the U.S. dropped by 0.9 cents for the week, settling at $2.414 per gallon. The price is 40 cents cheaper than it was for the same week a year ago.

Ad Loading...

The largest average price decrease by region was in the Gulf Coast region, which saw prices drop by 2.1 cents per gallon last week. In the Rocky Mountain region, the average price actually increased slightly, moving up 0.9 cents.

The price of regular gasoline dropped again last week, falling 3.8 cents to $2.253 per gallon. The price is 58.1 cents cheaper than it was for the same week of 2015. The largest decrease in prices was in the Midwest region, where gas prices fell by 5.3 cents. The smallest decrease in prices was in the Rocky Mountain region at 1.7 cents.

Crude oil prices were down to start the week on July 11, on the back of recent reports that large oil producing countries had actually increased production last month, according to a Market Watch report.

Ad Loading...

OPEC’s crude oil production increased by 300,000 barrels per day in June and more oil is also expected to be produced in Canada, which saw a disruption in its output due to wildfires.

While production is likely to increase, demand may go down as global economic markets still try to ascertain the impact of the United Kingdom’s exit from the European Union.

More Fleet Management

Illustration of Penske day cab backed into loading dock with graphic of generic charts and graphs and a penske logo.
Fleet Managementby Deborah LockridgeSeptember 17, 2026

Why Private Fleets Are Taking More Freight

Private fleets are putting their own trucks on demanding customers and high-cost lanes as companies seek greater control over service, costs, and capacity.

Read More →
A woman holding a tablet with a screen showing rectangles of various colors
SponsoredSeptember 16, 2026

Color Match Smarter: Tools That Restore & Perform

For fleet managers and collision repair professionals keeping heavy-duty trucks on the road, getting the color right the first time isn't just about appearance — it's about efficiency, turnaround time, and bottom-line results. Discover how today's digital color tools are transforming the repair process from guesswork to precision.

Read More →
Mobile tablet showing Motus screen against highway background with Motus logo
Fleet Managementby StaffSeptember 15, 2026

FMCSA Pauses Biennial-Update Enforcement Amid Motus Transition

Carriers whose updates were due on or after June 1 have more time, while FMCSA works to stabilize its new registration system and warns of phishing sites impersonating its new carrier registration system, Motus.

Read More →
Ad Loading...
Geotab Whitepaper Cargo Theft Cover
SponsoredSeptember 14, 2026

2026 Blueprint for Countering Smarter Supply Chain Theft

Cargo theft is no longer just the cost of doing business. It's a multi-billion-dollar criminal enterprise exploiting vulnerabilities across your fleet, drivers, and supply chain.

Read More →
A monitor with a bar graph with a person sitting next to it wearing a headset.
SponsoredSeptember 1, 2026

How Telematics Improves Visibility, Control, and Performance in Refrigerated Fleets

Explore how telematics help refrigerated fleets improve visibility, uptime, efficiency, compliance, and cargo protection across connected cold chain operations.

Read More →
Graphic with U.S. and Canadian flags over background illustration of an ink-stamp that says Tariffs.
Equipmentby Deborah LockridgeAugust 24, 2026

What the U.S.-Canada Trade War Means for Trucking

Escalating U.S.-Canada tariffs could disrupt cross-border freight, reduce truck volumes, raise costs, and create new uncertainty for carriers on both sides of the border.

Read More →
Ad Loading...
Fleet Managementby News/Media ReleaseAugust 24, 2026

What Are Trucking’s Top Concerns for 2026?

The American Transportation Research Institute wants to know what's worrying trucking fleet managers, drivers, and other stakeholders in its annual Industry Issues survey.

Read More →
Four men in suits on the National Mall with giant video screen showing capitol building in the background
Fleet Managementby Deborah LockridgeAugust 24, 2026

American Trucking Associations Looks for a New Leader

ATA President and CEO Chris Spear abruptly left his job at the association on August 21, at a pivotal time for the trucking industry.

Read More →
The Cyber Stop column header with photo of a smiling driver in truck with a laptop and a wi-fi icon
Fleet ManagementAugust 21, 2026

Public Wi-Fi Cybersecurity Risks: How Truck Drivers and Fleets Can Protect Their Data

Public Wi-Fi can expose truck drivers and fleets to credential theft, malware, and other cyber threats. Here’s how to reduce the risk on the road.

Read More →
Ad Loading...
Woman in white blazer superimposed on background showing a row of Fraley & Schilling truck, plus the HDT Truck Fleet Innovators 2026 logo
Fleet Managementby Deborah LockridgeAugust 19, 2026

For Nicky Cupp, Fleet Innovation Starts With Frustration

HDT Truck Fleet Innovator Nicky Cupp turns everyday pain points at Fraley & Schilling into opportunities for better technology and smarter processes.

Read More →