Diesel Dips 1.2¢ to $4.282 a Gallon

Trucks fueling at a truck stop
Diesel's national average price has fallen 34 cents since the Jan. 30 reporting period, according to the Energy Information Administration. (Alexander Lyakhovskiy/Getty Images

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Diesel’s national average price continued to decline, but only by a 1.2-cent dip to $4.282 a gallon, according to Energy Information Administration data released March 6.

Highlights

  • Diesel’s average price has fallen for the past five weeks for a total of 34 cents.
  • A gallon of trucking’s main fuel now costs 56.7 cents less than it did at this time in 2022. This week marks the one-week anniversary of the huge price surge for oil following Russia's invasion of Ukraine. Diesel increased a record 74.5 cents a gallon one year ago this week. 
  • Of the 10 regions in EIA’s weekly survey, only the Midwest showed an increase at 1.1 cents a gallon on average. New England reported the biggest decline at 8.9 cents.
  • The price of gasoline increased 4.7 cents a gallon to climb back up to $3.389 a gallon, but that's 71.3 cents a gallon cheaper than a year ago. 

U.S. On-Highway Diesel Fuel Prices

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EIA regional fuel chart

EIA.gov

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