Diesel Surges 20.6¢ to $5.115 a Gallon

Truck filling up with diesel fuel The average cost of a gallon of diesel is above $5 in six of the 10 regions in EIA's weekly survey. (Miguel Perfectti/Getty Images)

[Stay on top of transportation news: Get TTNews in your inbox.]

Diesel’s nine-week run of declines abruptly ended as trucking’s main fuel rose 20.6 cents a gallon to put the national average cost back over $5, according to Energy Information Administration data released Aug. 29.

Highlights

  • Diesel settled at $5.115 after dropping 90.1 cents from its all-time high of $5.810 on June 27. The cost of a gallon had dropped by at least a dime each week from June 27 to Aug. 8.
  • A gallon of diesel now costs $1.776 more than it did at this time in 2021.
  • Diesel increased in all 10 regions surveyed by EIA, ranging from a high of 28.2 cents in the Midwest to a low of 2.5 cents in the Central Atlantic.
  • The Lower Atlantic, Gulf Coast and Rocky Mountain region each has an average price of below $5 a gallon, while California remains the only region that exceeds $6.
  • Gasoline dropped by 5.3 cents a gallon to $3.827 for the national average.

U.S. On-Highway Diesel Fuel Prices

EIA.gov



Want more news? Listen to today's daily briefing below or go here for more info:

 

 

Follow Us

Trending

Newsletter Signup

Subscribe to Transport Topics

Hot Topics