Diesel Prices Fall to End the Year
The price of on-highway diesel fuel and regular gasoline dropped slightly in the last week of 2015, capping off a year marked by falling energy prices.


Source: EIA
The price of on-highway diesel fuel and regular gasoline dropped slightly in the last week of 2015, capping off a year marked by falling energy prices, according to recent Energy Department numbers.
The average price of a gallon of on-highway diesel fuel dropped 2.4 cents from the previous week, settling at $2.211. The price ended the year 92.6 cents cheaper than for the same week in 2014.
Prices were down across the U.S., with the largest decrease in prices coming to the Rocky Mountain region at 3.6 cents. The smallest decrease in prices was a miniscule 0.3-cent decrease on the West Coast.
The average price of regular gasoline was essentially flat for the week with a 0.6-cent drop to $2.028 per gallon. That price is 18.6 cents cheaper than in the last week of 2014.
Prices were down in most areas, except for the West Coast where gas prices increased by 3.3 cents. The area that saw the largest decrease in prices was the Central Atlantic at 1.9 cents.
The price of crude oil was down on Jan. 4, after an up-and-down day of trading due to a possible conflict between Saudi Arabia and Iran, according to a MarketWatch report.
Market instability was expected by some oil analysts to start 2016 as tensions increased between two of the most influential countries in OPEC after Saudi Arabia severed ties with Iran.
Big test Monday: Saudi/Iran hostilities, plenty of big money shorts, and influx of 2016 money sets up possible temporary rally for oil.
— Tom Kloza (@TomKloza) January 3, 2016
Saudi Arabia executed a prominent Shiite cleric, which sparked outrage in the predominantly Shiite population of Iran. Despite the tensions, oil prices are expected to remain low-- barring an actual war between the two countries.
More Fuel Smarts

How GP Transco Builds Fuel Savings a Fraction at a Time
Aerodynamic specs, solar panels, and driver incentives help GP Transco turn small efficiency gains into savings it can reinvest in its people.
Read More →
Trucking’s Diesel Squeeze Isn’t Letting Up
With diesel topping $6 a gallon nationally, ATA's Bob Costello explains why fleets should prepare for continued pressure at the pump.
Read More →
FlowBelow Redesigns Trailer AeroSlider to Cut Fuel Use
The lighter trailer aerodynamic system installs in less than 45 minutes, according to the company, with potential payback in under a year depending on fuel prices and trailer mileage.
Read More →
Why Diesel Price Relief Efforts May Fall Short
Diesel prices have eased from September’s record high, but doubts about additional Russian supply and limits on dyed-diesel tax relief mean trucking fleets still face expensive fuel. And prices could go higher.
Read More →Why Small Fuel Savings Matter in Trucking
Can better fuel economy help pay for driver raises? In this podcast, GP Transco explains how small efficiency gains create room to reinvest in its people.
Read More →How GP Transco Cuts Trucking Fuel Costs, a Tenth of a Gallon at a Time
What’s another tenth of a mile per gallon worth? GP Transco shares how equipment upgrades and driver coaching turn small gains into meaningful fuel savings.
Read More →
Electric Yard Tractors Move Beyond Pilots
Operating-cost savings have overtaken sustainability goals as the leading reason surveyed fleets are adopting battery-electric terminal tractors, according to new NACFE research.
Read More →
Geotab Links Fleet Card to Vehicle Data
The new card combines fuel discounts with telematics-based purchase controls. Geotab’s analysis also points to potential savings from choosing lower-priced fuel stops.
Read More →
Fleet Economics Shape Electric Truck Outlook
ACT Research expects costs, charging infrastructure, and technology improvements to drive zero-emission commercial vehicle adoption as federal regulations and incentives retreat.
Read More →
Wex Adds Cardless Fuel Payments for Over-the-Road Customers
A new fuel card feature for Wex customers offers convenience and security.
Read More →
