The average price for diesel fuel at pumps across the country leapt 8 cents this week, putting the brakes on a five-week slide. Meanwhile, fears of a slowdown in the global economy and renewed uncertainty over European debt drove oil prices 42 cents lower on Monday.
The Department of Energy's weekly price survey released on Monday posted the national average price for diesel at $3.801 a gallon -- the highest price recorded in the previous month, and nearly 73 cents a gallon higher that it was a year ago.
Benchmark crude finished down 42 cents at $86.38 per barrel in New York on Monday, while Brent crude, used to price international varieties of oil, fell $2.07 to end at $110.16 a barrel in London, the Associated Press reports.
Oil has lost 24 percent since May. Investors are concerned about weak demand for gasoline here in the U.S., and budget problems in Greece.
Prices had begun to rise last week, but on Monday, German finance chief Wolfgang Schaeuble dampened expectations that European finance ministers would be able hammer out a solution at an upcoming summit.
Gasoline pump prices rose a half penny to a national average of $3.462 per gallon, according to the Oil Price Information Service. A gallon of regular has fallen about 52 cents from its peak near $4 per gallon on May 5, but it's still nearly 63 cents higher than the same time last year.
Diesel Up 8 Cents from Last Week, Oil Drops on Euro Debt Concerns
The average price for diesel fuel at pumps across the country leapt 8 cents this week, putting the brakes on a five-week slide. Meanwhile, fears of a slowdown in the global economy and renewed uncertainty over European debt drove oil prices 42 cents lower on Monday
More Drivers

Maverick Announces 2026 Driver Pay Raises
New raises for Maverick Transportation drivers will take effect on May 31, 2026.
Read More →
Illinois Trucker Indicted for Nearly $22,000 in Ohio Turnpike Toll Evasion
Authorities say an Illinois trucker avoided paying tolls for two years, and now faces felony charges, possible prison time, and forfeiture of his Freightliner tractor.
Read More →
New Trojan Driver Cargo Theft Scam Bypasses Carrier Vetting Systems
Cargo theft rings plant operatives as drivers inside legitimate, fully vetted carriers, then execute coordinated thefts that look like a traditional straight theft from the outside.
Read More →
WIM, Trucker Path Name Top 3 Women-Friendly Truck Stops
ATA’s Women In Motion Council and Trucker Path highlight three truck stops that meet all seven safety-focused criteria and rank highest among female drivers.
Read More →
FMCSA Extends Paper Medical Card Exemption … Again
Five states still aren't ready to accept commercial driver medical exam information directly from the medical examiner's registry.
Read More →
Mack Launches Digital Driver Guide for Chassis-Specific Truck Info
Mack’s new, virtual owner’s manual delivers VIN-based, on-demand guidance for vehicle systems via web, app, and soon in-cab displays.
Read More →
Western Star Showcases Truckers' Pride and Skill
Western Star is expanding its Star Nation Experience in 2026, adding new competitions and dealer participation to highlight operator skills and promote careers in trucking.
Read More →
Best Fleets to Drive For: Two Carriers Earn Overall Award for First Time
CarriersEdge announced the 2026 Best Fleets to Drive For overall winners, with Crawford Trucking, Fortigo Freight Services, and FTC Transportation receiving top awards.
Read More →
Federal Proposal Would Allow Pell Grants for Shorter-Term Job Training
The Department of Labor plans to expand Pell Grant eligibility to some shorter workforce training programs, a move the American Trucking Associations said will help strengthen commercial driver training schools and diesel technician training programs.
Read More →
Owner-Operator Model Gets Boost as DOL Proposes 2024 Independent Contractor Definition Reversal
For an industry that has watched this issue go back and forth for years, the independent contractor proposal marks the latest swing in the regulatory pendulum.
Read More →
