Heavy Duty Trucking Logo
MenuMENU
SearchSEARCH

Diesel Prices Increase For the First Time in Over 2 Months

The price of diesel fuel increased for the first time in over 2 months after slowly falling from a high of 2.43 in mid-June, according to the latest numbers from the Energy Department.

by Staff
August 22, 2016
Diesel Prices Increase For the First Time in Over 2 Months

 

2 min to read


Source: EIA

The price of diesel fuel increased for the first time in over 2 months after slowly falling from a high of 2.43 in mid-June, according to the latest numbers from the Energy Department.

Ad Loading...

The average price of on-highway diesel fuel increased by 6 cents last week, rising to $3.37 per gallon. With steadily rising prices, diesel fuel is still 19.1 cents cheaper than it was in the same week in 2015.

Ad Loading...

The largest increase in prices was in the Gulf Coast region with a 7-cent increase for the week. The New England region was the least affected by rising prices with a 2.3-cent increase last week.

Gasoline prices were also up for the week, increasing 4.4 cents to $2.183 per gallon. The price is still 44.4 cents cheaper than it was in the same week of 2015. The largest increase in prices by region was in the New England region at 6.2 cents while the smallest increase was in the Rocky Mountain region at 1.5 cents.

Global crude oil prices fell on Monday as a potential decrease in production by OPEC seems unlikely once again, according to a MarketWatch report. Demand for crude oil has been weak for the past year with economic problems in countries like China causing an oil supply glut.

When combined with an increase in oil production by the U.S. and OPEC, oil prices fell significantly over that period. The prospect of a production freeze had been bolstering the market in the past few weeks, causing prices to rise steadily. However it appears that a deal to reduce output is unlikely in the short term.

More Fuel Smarts

Solar panels on top of a red Class 8 truck sleeper cab
Equipmentby Deborah LockridgeMarch 15, 2026

Vanair Introduces Solar, Battery Power Ecosystem for Class 8 Trucks

The company’s expanded EPEQ ecosystem includes flexible solar panels, lithium batteries, hydraulic power systems, and a portable fast charger for electric trucks.

Read More →
HDT Talks Trucking thumbnail saying: NACFE's Messy Middle: Which Fuel Wins?
Fuel SmartsMarch 11, 2026

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

Listen as Mike Roeth of the North American Council for Freight Efficiency shares insights into battery-electric trucks, natural gas, biofuels, and clean diesel on this episode of HDT Talks Trucking.

Read More →
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 →
Ad Loading...
Mike Kucharski, vice president, JKC Trucking.
Fuel Smartsby Jack RobertsMarch 10, 2026

Trucking Executive Warns Fuel Spike from Middle East Conflict Hitting Fleets Fast

Mike Kucharski, vice president of refrigerated carrier JKC Trucking, says diesel price jumps tied to global instability are squeezing carriers already struggling with weak freight rates.

Read More →
A mechanic in a workshop leans over the open engine compartment of a large yellow vehicle, inspecting components while holding a tablet.
Sponsoredby Kristy CoffmanMarch 9, 2026

Smarter Maintenance Strategies to Keep Trucks Rolling

In today’s cost-conscious market, fleets are finding new ways to get more value from every truck on the road. See how smarter maintenance strategies can boost uptime, control costs and drive stronger long-term returns.

Read More →
Group of researchers and engineers standing next to an electric heavy-duty truck used in Purdue’s wireless charging project.
Fuel Smartsby News/Media ReleaseFebruary 3, 2026

Researchers Demonstrate Wireless Charging of Electric Heavy-Duty Truck at Highway Speeds

Purdue researchers demonstrated a high-power wireless charging system capable of delivering energy to electric heavy-duty trucks at highway speeds, advancing the concept of electrified roadways for freight transportation.

Read More →
Ad Loading...
Illustration showing diesel exhaust fluid pump sign and EPA headquarters
Equipmentby Deborah LockridgeFebruary 3, 2026

EPA Wants to Know: Are DEF De-Rates Really Needed for Diesel Emissions Compliance?

The Environmental Protection Agency is asking diesel engine makers to provide information about diesel exhaust fluid system failures as it considers changes to emissions regulations.

Read More →
SponsoredFebruary 1, 2026

6 Dashcam Tactics to Improve Safety & ROI

6 intelligent dashcam tactics to improve safety and boost ROI

Read More →
Fuel Smartsby Deborah LockridgeJanuary 29, 2026

California: Clean Truck Check Rules Still in Force for Out-of-State Trucks, Despite EPA Disapproval

The Environmental Protection Agency said California can’t enforce its Heavy-Duty Inspection and Maintenance Regulation, known as Clean Truck Check, on vehicles registered outside the state. But California said it will keep enforcing the rule.

Read More →
Ad Loading...
Illustration of Department of Justice building superimposed by truck exhaust stacks
Fuel SmartsJanuary 27, 2026

Justice Department Pulls Back on Criminal Prosecution of Diesel Emissions Deletes

The Trump administration has announced it will no longer criminally prosecute “diesel delete” cases of truck owners altering emissions systems in violation of EPA regulations. What does that mean for heavy-duty fleets?

Read More →