Diesel Sheds Another 8.2¢, Falling to $4.294 a Gallon

A tanker truck delivers fuel to a filling station. The national average price of a gallon of diesel has dropped about 29 cents since the Jan. 2 reporting period.(Johnny H5/Getty Images)

The national average price for diesel finished February with a flourish, dropping 8.2 cents a gallon to reach $4.294, according to Energy Information Administration data released Feb. 27.

Highlights

• Diesel has shed 24.5 cents over the past three weeks and 28.9 cents since the Jan. 2 reporting period.
• A gallon of trucking’s main fuel still costs 19 cents more than it did at this time a year ago.
• The average price went down in all 10 regions in EIA’s survey, ranging from highs of 13.6 cents and 13.5 cents, respectively, in New England and the Lower Atlantic to a low of 2.9 cents in the West Coast less California.
• Gasoline saw a drop of 3.7 cents to $3.342 a gallon, placing it 26.6 cents a gallon cheaper than a year ago.

U.S. On-Highway Diesel Fuel Prices

Image

EIA.gov

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