HomeGovernmentDiesel Prices Reach All-Time Low

Diesel Prices Reach All-Time Low

For the 13th straight week, the average price of diesel fell in the U.S., dropping 2.3 cents a gallon to just over $2. According to the Department of Energy, this drop sets a record low in the era of ultra-low-sulfur fuel.

Prices have been in a near constant decline for more than a year, listing at nearly 83 cents cheaper than this time in 2015. These current rock-bottom prices are reported throughout the nation.

According to the latest numbers released by the Energy Department, the largest drop was in the Midwest, which saw a 10.4-cent decrease for the week. The smallest drop was in the Central Atlantic region at 3.5 cents.

Regular gasoline has also seen a drastic price drop, the national average holding strong at almost $1.76 a gallon. This is a 43.2-cent decrease since 12 months ago. 

Advertisement

November 2024

Meet the 2024 Transportation Director of the Year, Craig Beaver, director of transportation at Beaverton School District in Oregon....

Buyer’s Guide 2024

Find the latest vehicle production data and budget reports, industry trends, and contact information for state, national and federal...
Advertisement

Poll

Does your operation provide staff with end of the year performance evaluations?
49 votes
VoteResults
Advertisement