
The price of diesel fuel in the U.S. fell again last week, bringing the price to its lowest level since Mid-December when the average price was $2.49 per gallon, according to the latest numbers from the Energy Department.
The price of diesel fuel in the U.S. fell again last week, bringing the price to its lowest level since Mid-December when the average price was $2.49 per gallon.


The price of diesel fuel in the U.S. fell again last week, bringing the price to its lowest level since Mid-December when the average price was $2.49 per gallon, according to the latest numbers from the Energy Department.
The average price of on-highway diesel fuel fell by 0.7 cents last week, settling at $2.532 per gallon at the pump. The price is still 41.1 cents more expensive than it was in the same week a year ago.
Prices were down in most areas of the U.S., with New England seeing the biggest decrease last week at 2.9 cents. The Rocky Mountain region actually saw a slight increase of 0.7 cents per gallon over the same period of time.
Gasoline prices were also slightly lower last week, as the average price of regular gasoline fell 0.6 cents last week to $2.315 per gallon. The price of gasoline is just under 25 cents higher than it was in the same week of 2016.
Gasoline price changes were a mix of increases and decreases, depending on the region. The largest decrease was in the Midwest, at 3.7 cents per gallon. The largest increase in prices occurred in the Lower Atlantic area where it jumped 2.4 cents for the week.
Crude oil prices have continued to decline over the past week, settling around $48 per barrel for West Texas Intermediate. Reports of higher U.S. oil production have offset a planned production cutback by OPEC and kept prices low in 2017.
The members of OPEC will meet again in mid-2017 to decide whether or not to continue production cutbacks and freezes through the second half of the year, according to a report in MarketWatch.

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