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.

Ad Loading...

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.

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

ATA President Chris Spear.
Fleet Managementby Jack RobertsMarch 17, 2026

ATA’s Spear Warns Fuel Prices, Trade Policy, and Global Conflict Could Stall Trucking Recovery

Speaking at the TMC Annual Meeting in Nashville, ATA President Chris Spear said trucking faces mounting pressure from rising fuel prices, geopolitical instability, and uncertainty around trade policy.

Read More →
Illustration of author headshot with black-and-white old-fashioned rig in the background

New Entrants, Chameleon Carriers, and Safety: Is It Too Easy to Start a Trucking Company?

More than 100,000 new trucking companies enter the industry each year, but regulators manage to audit only a fraction of them. That churn creates opportunities for inexperienced startups — and for “chameleon carriers” that shut down after safety violations and reappear under new identities. Read more from Deborah Lockridge in this commentary.

Read More →
Panel discussion
Fleet Managementby Deborah LockridgeMarch 12, 2026

Fleet Managers Invited to Apply for Exclusive HDT Exchange Event

HDTX is an intimate event that connects heavy-duty trucking fleet managers with industry suppliers through small-group discussions, educational sessions, and structured one-on-one meetings.

Read More →
Ad Loading...
DAT iPhone Widget.
Fleet Managementby News/Media ReleaseMarch 12, 2026

DAT Launches iPhone Widget to Help Owner-Operators Find Loads Faster

New DAT One feature shows top-paying loads directly on an iPhone’s home screen, helping carriers react faster to spot-market opportunities.

Read More →
Optimal Dynamics Scale screen shot
Fleet Managementby News/Media ReleaseMarch 12, 2026

Optimal Dynamics Launches AI System to Help Carriers Choose Better Freight

Optimal Dynamics says its new Scale platform uses AI agents and optimization to help carriers find and secure freight that improves network balance and profitability.

Read More →
DAT March 2026 trucking conditions.
Fleet Managementby Jack RobertsMarch 12, 2026

DAT: Flatbed Demand Climbs as Van and Reefer Rates Soften

DAT Freight & Analytics data shows tightening flatbed capacity, easing produce markets, and softening van and reefer rates.

Read More →
Ad Loading...
YouTube thumbnail with Mike Roeth of NACFE saying "NACFE's Messy Middle: Which Fuel Wins?"
Fuel Smartsby Deborah LockridgeMarch 11, 2026

Run on Less “Messy Middle” Data Shows Multiple Paths Forward for Truck Powertrains [Watch]

NACFE's Run on Less - Messy Middle project demonstrates the power of data in helping to guide the future of alternative fuels and powertrains for heavy-duty trucks.

Read More →
Illustration of crowded New York street overlaid with dollar signs
Fleet Managementby Deborah LockridgeMarch 11, 2026

Federal Court Lets NYC Congestion Pricing Continue

A federal court ruling allows New York City’s congestion pricing program to continue, leaving truck tolls in place for fleets delivering into Manhattan.

Read More →
Fontaine Modification Access365
Fleet Managementby News/Media ReleaseMarch 10, 2026

Fontaine Modification Launches Real-Time Truck Modification Tracking Portal

Fontaine Modification has introduced a new customer portal designed to give fleets real-time visibility into the truck modification process, addressing one of the most common questions fleet managers face: “Where’s my truck?”

Read More →
Ad Loading...
FTR Tucking Conditions March 2026.
Fleet Managementby Jack RobertsMarch 10, 2026

FTR: Trucking Conditions Index Climbs to Highest Level Since 2022

Strong freight rates, rising volumes and tighter capacity push trucking conditions higher, though diesel prices could temper gains in the near term, FTR cautions.

Read More →