Average U.S. diesel prices increased nationally to $4.03 and most regions of the U.S. saw increases, other than the Gulf Coast which saw a slight price dip while the East Coast remained about the same with less than a cent decrease.
Photo: Work Truck | EIA
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What are the current diesel fuel prices in the U.S. right now? How do they compare to the past? According to the latest report by the U.S. Energy Information Administration (EIA), depending on where you are in the U.S., average diesel fuel prices have experienced both a modest increase and a modest decline over the past week.
As of March 25, 2024, the U.S. national average diesel fuel price remained at $4.03 per gallon. This recent per-gallon diesel pricing represents a 1-cent increase from last week and a decrease of just over 9 cents compared to the previous year.
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Only the Gulf Coast region saw a decrease compared to the previous week and the same time last year. The East Coast remained basically unchanged, dropping by less than half a cent, while the Midwest, West Coast, and Rocky Mountain regions saw slight increases over the March 15 average price points.
U.S. Regional Diesel Fuel Prices as of March 25, 2024
Average diesel prices as of March 25, by region, are:
East Coast: $4.13
Midwest: $3.99
Gulf Coast: $3.72
Rocky Mountain: $3.99
West Coast: $4.67
U.S. Regional Diesel Fuel Prices as of March 18, 2024
Average U.S. diesel prices rose nationally and in all but two regions of the U.S. Both coasts are seeing diesel prices above the $4 per gallon mark.
Photo: Work Truck | EIA
As of March 18, 2024, the U.S. national average diesel fuel price remained at $4.03 per gallon. This recent per-gallon diesel pricing represents a just over 2-cent increase from last week and a decrease of just over 15 cents compared to the previous year.
Only the West Coast and Rocky Mountain regions saw a decrease compared to the previous week and the same time last year. The East Coast, Midwest, and Gulf Coast regions saw an increase with both coasts now well above the $4 per gallon price point.
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Average diesel prices as of March 18, by region, are:
East Coast: $4.13
Midwest: $3.96
Gulf Coast: $3.75
Rocky Mountain: $3.97
West Coast: $4.64
U.S. Regional Diesel Fuel Prices as of March 11, 2024
Average U.S. diesel fuel prices dipped across all regions in the second week of March 2024.
Photo: Work Truck | EIA
As of March 11, 2024, the U.S. national average diesel fuel price remained at just over $4 per gallon. This recent per-gallon diesel pricing represents a just over 2-cent drop from last week and a decrease of just over 24 cents compared to the previous year.
All regions saw a decrease compared to the previous week and the same time last year. The Midwest, Gulf Coast, and Rocky Mountain regions are all under the $4 per gallon mark.
Average diesel prices as of March 11, 2024, by region, are:
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East Coast: $4.12
Midwest: $3.91
Gulf Coast: $3.70
Rocky Mountain: $3.99
West Coast: $4.65
What's Happening with Gasoline Prices?
U.S. average gasoline prices increased compared with the previous week, "marching" higher at the pump. According to AAA, more expensive oil, paired with increasing demand, is the likely culprit.
As of March 11, U.S. national average gasoline prices are $3.38 per gallon, a jump of just over 2 cents compared with last week.
"Spring is nearly here, with longer days, better weather, and more opportunities to hit the road,” said Andrew Gross, AAA spokesperson. “And we are seeing this reflected in rising gasoline demand. But remember, we see this trend every year.”
Want to learn how to reduce your fleet fuel costs? Check out these seven tips and make sure to sign up for our eNewsletter so you never miss a fuel-related update from Work Truck!
The national average price of a gallon of diesel decreased by more than 7 cents this week, and all five regions reported lower prices, ranging from just over 2 cents to more than 12 cents cheaper than a week ago.
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