Related: Ploger Transportation Pushes 10 Mpg With a Far-From-Typical Powertrain Spec
Diesel Prices Plateau Again, Crude Oil Hits Month Low
Diesel fuel prices in the U.S. have plateaued again, changing by less than a cent over the past three weeks, according to the latest numbers from the Energy Department.


Source: EIA
Diesel fuel prices in the U.S. have plateaued again, changing by less than a cent over the past three weeks, according to the latest numbers from the Energy Department.
The average price of on-highway diesel fuel was up 0.01 cents last week, increasing to $2.479 per gallon at the pump. The average price is nearly equal to where it was in the same week of 2015 and is cheaper by only 0.06 cents.
Prices were up in most regions of the U.S. with the largest increase occurring on the West Coast at 1.9 cents per gallon. Some areas saw a decrease in prices with the largest drop being a 0.9-cent decrease in the Rocky Mountain region.
The price of regular gasoline was down last week, falling 1.3 cents and settling at 2.23 cents per gallon. Compared to prices in the same week of last year, gasoline is 0.06 cents more expensive.
The largest decrease in prices by region was in the Midwest where prices fell 3.2 cents for the week. Prices were up in some areas with the West Coast posting a 1.7-cent increase for the week.
Crude oil prices were at the lowest levels in a month as several non-OPEC member countries declined to adjust production levels to lower global demand, according to a MarketWatch report.
Rumors have abounded about a tentative agreement between members OPEC to freeze production levels and address a supply glut that has kept oil prices at low levels for most of 2016. However, with the prospect of a deal becoming uncertain and non-OPEC countries refusing to participate, prices may hover around $50 per barrel for the foreseeable future.
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 →
