Diesel Prices Flatten After Weeks of Increases
The price of a gallon of diesel fuel fell slightly last week, ending weeks of consistent increases in the U.S., according to the latest numbers from the Energy Department.


Source EIA
The price of a gallon of diesel fuel fell slightly last week, ending weeks of consistent increases in the U.S., according to the latest numbers from the Energy Department.
The average price of on-highway diesel fuel fell 0.5 cents last week, dropping to $2.426 per gallon at the pump. Despite the steadily rising price of diesel fuel, last week’s average is still 43.3 cents cheaper than it was in the same week of 2015.
Prices were down slightly in most regions, with the largest decrease in prices happening in the Lower Atlantic at 1.4 cents. The largest increase in prices last week was in the Central Atlantic region at 0.5 cents.
The average price of regular gasoline fell by a larger amount last week, with a 4.6-cent drop to $2.353 per gallon. The price is nearly 46 cents cheaper than it was in the same period last year.
The largest decrease in prices was in the Midwest, where a gallon was 9.6 cents cheaper than the week before. The Rocky Mountain region saw a slight increase for the week, with prices jumping 0.8 cents.
Crude oil prices increased to start the week of June 20 as the global markets reacted to the likelihood that the United Kingdom would remain a member of the European Union, according to the Wall Street Journal.
The UK is currently voting on a referendum, known coloquially as the Brexit, that could determine whether it remains a part of the European Union, a decision which has serious ramifications for many markets including oil prices.
A recent public opinion poll strengthened the prospect of the UK staying in the EU, which caused the price of oil to rise near $50 per barrel.
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 →
