National average diesel fuel prices stayed on par with last week, with prices across the rest of the U.S. rising and falling.   -  Photo: Work Truck | EIA

National average diesel fuel prices stayed on par with last week, with prices across the rest of the U.S. rising and falling. 

Photo: Work Truck | EIA

Based on the latest report by the U.S. Energy Information Administration (EIA), average U.S. diesel fuel prices have been on a rollercoaster ride of minor dips and increases over the past week. 

As of February 19, 2024, U.S. national average diesel fuel prices stayed at just under $4.11 per gallon. This recent per-gallon pricing represents no change from last week and a decrease of just under 27 cents compared to the previous year. 

U.S. Regional Diesel Fuel Prices as of February 19, 2024

Average diesel prices as of February 19, 2024, by region, are:

  • East Coast: $4.24
  • Midwest: $4.01
  • Gulf Coast: $3.85
  • Rocky Mountain: $3.96
  • West Coast: $4.72

U.S. Regional Fuel Prices as of February 12, 2024

Diesel prices rose across all regions of the U.S. compared with the previous week in one of the biggest increases seen in months.   -  Photo: Work Truck | EIA

Diesel prices rose across all regions of the U.S. compared with the previous week in one of the biggest increases seen in months. 

Photo: Work Truck | EIA

As of February 12, 2024, U.S. national average diesel fuel prices increased to just under $4.11 per gallon, creeping quickly above the $4 per gallon mark on a national average. 

This recent per-gallon pricing represents an increase of 21 cents from last week and a decrease of just under 34 cents compared to the previous year. 

Average diesel prices as of February 12, 2024, by region, are:

  • East Coast: $4.20
  • Midwest: $4.04
  • Gulf Coast: $3.87
  • Rocky Mountain: $3.81
  • West Coast: $4.72

At the close of Wednesday’s formal trading session, according to the EIA, the WTI increased by 55 cents to settle at $73.86. Oil prices rose after the EIA reported that refinery oil processing was down slightly from 82.9 to 82.4 percent, signaling that winter maintenance increases ahead of the spring driving season continues.

Additionally, the EIA reported that total domestic commercial crude stocks increased by 5.5 million bbl to 427.4 million bbl.

U.S. Regional Fuel Prices as of February 5, 2024

Diesel prices rose in all regions except for the East Coast in early February continuing the slow increase seen so far this year.   -  Photo: Work Truck | EIA

Diesel prices rose in all regions except for the East Coast in early February continuing the slow increase seen so far this year. 

Photo: Work Truck | EIA

Where Are the Cheapest Diesel Prices in the U.S.? 

  • Oklahoma: $3.539
  • Missouri: $3.699
  • Mississippi: $3.713
  • Kansas: $3.716
  • Nebraska: $3.729

As of February 5, 2024, U.S. national average diesel fuel prices increased to just under $3.90 per gallon, still below the $4 per gallon mark on a national average but continuing the slow increase seen in January. 

This recent per-gallon pricing represents an increase of just over 3 cents from last week and a decrease of 64 cents compared to the previous year. 

Average diesel prices as of February 5, 2024, by region, are:

  • East Coast: $4.04
  • Midwest: $3.74
  • Gulf Coast: $3.70
  • Rocky Mountain: $3.65
  • West Coast: $4.55

What's Happening with Gasoline Costs?

As of late-February, gasoline costs were also rising, hitting a national average of $3.27 per gallon.

What's driving the increase? According to the EIA, after months of barely budging more than a few cents, the national average for pump prices moved into the fast lane, surging 12 cents since last week to $3.27.  A significant contributor is a shutdown at the large BP-Whiting refinery in Indiana, which has been offline for more than two weeks due to a power outage. 

About the author
Lauren Fletcher

Lauren Fletcher

Executive Editor - Fleet, Trucking & Transportation

Lauren Fletcher is Executive Editor for the Fleet, Trucking & Transportation Group. She has covered the truck fleet industry since 2006. Her bright personality helps lead the team's content strategy and focuses on growth, education, and motivation.

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