Fuel and Oil Prices Decline Over Last Week
The price paid at the pump for diesel is down due to a drop in oil prices.

Credit: DOE/EIA
UPDATED--The price paid at the pump for diesel is down by the biggest margin in five months due to a drop in oil prices.

The average U.S. cost for diesel has declined 2.5 cents over the past week, coming in at $3.949 per gallon, 13.7 cents lower than the same time a year ago, according to a new U.S. Energy Department report. This is the second straight week that the average price has fallen.
It ranges from a low of $3.862 in the Gulf Coast region, down 2.7 cents, to a high of $4.111 in the West Coast region, falling 2.7 cents.
Prices fell in all parts of the country except in the Rocky Mountain region, where it gained 0.2 cents, for an average of $3.943 per gallon. The biggest drop was recorded in the Central Atlantic sub region of the East Cost, losing 2.9 cents, for an average of $4.015.
The average cost of gasoline also declined, dropping 5.2 cents over the past week, to $3.495 per gallon, just over 33 cents less than it was the same time a year ago.
Prices declined in all parts of the country with the average ranging from a low of $3.231 in the Gulf Coast states, down 7 cents from last week, to a high of $3.866 in the West Coast region, a decline of 3.4 cents during the same time.
This comes as the price of oil has been falling since hitting around a two-year settlement high of more than $110 per barrel earlier this month. It lost $1.16 in trading in New York on Monday, closing at $103.59, which is also down nearly $3 from a week earlier, as the risk of U.S. military intervention in Syria wanes over its purported use of chemical weapons.
Update adds gasoline prices.
More Drivers

Trump Administration Looks to Put More Veterans Behind the Wheel
The Freedom Haulers program pulls together existing and expanded programs at several federal agencies to recruit veterans to drive commercial heavy-duty trucks and cut the red tape for them to get a CDL, training, and employment.
Read More →
Putting Mack’s Command Steer to the Test
A test drive of Mack’s Command Steer active steering system evaluates how it can make truck driving easier and less tiring.
Read More →
Competition Heating Up for Truck Drivers
New report reveals rising driver hiring costs, the return of sign-on bonuses, growing AI advantages, and the operational factors shaping driver retention.
Read More →
How Fraley & Schilling Improved Logbook Compliance by Over 50%
Fraley & Schilling needed a way to close a compliance workflow gap in its ELD system without adding more work from driver training, reminders, and back-office follow-ups. It found the answer in a custom driver app.
Read More →
Volvo Goes Gaming
Volvo has roared into American Truck Simulator with two new flagship trucks.
Read More →
What the Best Fleets to Drive For Teach About Driver Retention
Survey fatigue, AI-powered routing, owner-operator expectations, and the decline of social media all emerged as themes from this year's Best Fleets to Drive For program.
Read More →
Driver Retention Lessons From the Best Fleets to Drive For
What separates trucking's best workplaces from the rest? Jane Jazrawy shares the biggest lessons from this year's Best Fleets to Drive For program on driver retention, communication, AI, and workforce trends on the HDT Talks Trucking podcast.
Read More →
Farewell, CDL: Why I'm Giving Up My Commercial Driver's License
After more than 20 years as a CDL holder, HDT Executive Editor Jack Roberts is letting his commercial license expire. Not because he wants to — but because trucking's nuclear verdict crisis has made the risks of public-road test drives too great for editors, manufacturers, and everyone involved.
Read More →How Top Trucking Fleets Improve Driver Retention [Video]
What do healthy snacks, optimized routing, and just picking up the phone have in common? They're all strategies the Best Fleets to Drive For are using to retain truck drivers.
Read More →
Trucker Path Adds Verisk CargoNet Theft Data to Navigation Platform
Trucker Path’s new cargo theft risk overlays give drivers and fleets visibility into high-risk areas, stolen commodity trends, and theft hotspots.
Read More →
