Diesel Price Drops 9.1¢ to $4.454 a Gallon

Decrease Nearly Offsets Last Week's 10.1¢ Increase
Worker fueling tanker truck
A worker pumps gasoline into a tanker truck at a Marathon Petroleum oil refinery in Salt Lake City, The average price for diesel slid 9.,1 cents to $4.454 a gallon. (George Frey/Bloomberg News)

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The national average diesel price fell by nearly the same amount it increased a week ago, falling 9.1 cents to $4.454 a gallon, according to Energy Information Administration data released Oct. 30.

Highlights

  • Diesel’s most recent price change comes on the heels of a 10.1-cent gain. That was largely due to the price of a gallon shooting up 25 cents in the Midwest because of outages in the 9,800-mile-long Magellan Pipeline system.
  • A gallon of trucking’s main fuel now costs 86.3 cents less than at this time in 2022.
  • Diesel’s average price fell in all 10 regions in EIA’s weekly survey, with five experiencing double-digit declines paced by California (12.6 cents). That dropped the average price for a gallon in that state to below $6 at $5.890. The smallest decline was 1.4 cents in New England.
  • Gasoline dropped by an even 6 cents a gallon nationally; its average price is now $3.473 a gallon.

U.S. On-Highway Diesel Fuel Prices

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EIA regional fuel chart

EIA.gov 

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