Diesel Price Dips Closer to $4 Mark With 3.6¢ Decline

National Average Falls to $4.022 a Gallon
A Sinclair fueling station in California

A Sinclair fueling station in California. (Chloe Jones/The Fresno Bee via Tribune Content Agency)

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The national average diesel price took another step closer to the $4 mark with a 3.6-cent decline this week to reach $4.022 a gallon, according to Energy Information Administration data released March 4.

After starting the year at $3.876 and climbing to $4.109, diesel has fallen two weeks in a row for a total of 8.7 cents.

It didn’t fall everywhere though, as two regions saw increases, albeit slight ones: three-tenths of a cent in California and seven-tenths of a cent in the Rocky Mountains.


  • Diesel is now 26 cents cheaper than a year ago.
  • Diesel remains below $4 in the Midwest ($3.919) and Gulf Coast ($3.731).
  • The biggest weekly drop, of 7.5 cents a gallon, was seen in the West Coast-less-California region, where diesel is $4.152 a gallon.
  • Gasoline squirted upward by 10.1 cents to hit $3.350 a gallon.

On-Highway Diesel Fuel Prices

EIA fuel prices for March 4, 2024

Source: EIA.gov

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