The Number 1 Resource for Vocational Truck Fleets

Fuel Management

Diesel Prices Fall after a Month of Increases

March 13, 2017

Source: EIA
Source: EIA

The price of diesel fuel in the U.S. fell last week, breaking a month-long string of increases, according to the latest numbers from the Energy Department.

The average price of on-highway diesel fuel dropped 1.5 cents, settling to $2.564 per gallon at the pump. The price is still 46.5 cents more expensive than it was in the same week of 2016.

Prices were down in all major regions of the U.S. with the largest drop coming to the West Coast at 3.1 cents. The smallest change occurred in the Rocky Mountain region with a 0.8-cent drop.

Gasoline prices were also down last week, falling 1.8 cents to $2.323 per gallon at the pump. The price of gasoline is 36.2 cents more expensive than it was in the same week a year ago.

Prices varied by region with the largest decrease in prices hitting the Midwest at 5 cents per gallon. The area with the largest increase was the West Coast where prices jumped 1.9 cents for the week.

Crude oil prices for the past week have been down as increases in U.S. oil production are offsetting any production decreases agreed to by OPEC, according to a MarketWatch report. Prices fell to their lowest point of the year so far, as a global supply glut continues to hold down the oil market.

Comment On This Story

Name:  
Email:  
Comment: (Maximum 10000 characters)  
Leave this field empty:
* Please note that every comment is moderated.

FleetFAQ

Fleet Tracking And Telematics

Todd Ewing from Fleetmatics will answer your questions and challenges

View All

 

Fleet Management And Leasing

Merchants Experts will answer your questions and challenges

View All

 

Fuel Saving Strategies Survey

View our 2008 survey to benchmark your fleet's fuel and green strategies with other fleets.
 

Fuel Calculator

A managed fuel program can help you save time and money and gain control over the way you fuel your vehicles. Determine your potential savings by using our fuel calculator.
Launch Fuel Calculator 

Fuel Prices

U.S. Gasoline and Diesel Fuel Prices.

Launch Fuel Prices 
Sponsored by

The International Automotive Remarketers Alliance (IARA) is an organization that works to assist, educate, and share knowledge across the vehicle remarketing industry.

Read more