National average retail diesel fuel pricing going into Spring 2023 decreased once again to $4.10 per gallon as of April 11, 2023, according to the U.S. Energy Information Administration (EIA).
This average price represents a decrease of 1 cent per gallon compared to the prior week and a drop of about $0.98 per gallon compared to one year prior.
Digging into U.S. Regional Diesel Fuel Prices
This week, only the Midwest saw a minor price increase (around a cent-and-a-half). The remaining U.S. regions tracked by the EIA saw a price decrease for diesel fuel week-over-week and year-over-year for one more week.
Current average diesel prices by region are:
- East Coast: $4.23
- Midwest: $3.95
- Gulf Coast: $3.89
- Rocky Mountain: $4.15
- West Coast: $4.72
What are the Regional Fuel Price Trends?
A few general highlights include:
- West Coast average prices have remained below the $5 per gallon mark, including California for the first time in a while, which finally hit $4.99).
- The most significant week-over-week decrease was seen again in the Rocky Mountain region for a third consecutive week at around 5 cents below last week.
- The highest year-over-year decline was seen in the West Coast yet again, dipping $1.06 below the same time the previous year.
- Midwest and Gulf Coast remain the only regions below the $4 per gallon price point for diesel fuel.
See all comments