June 2023: Diesel Fuel Prices Dip Once Again [Updated]
Diesel fuel prices in mid June rose across all regions for the first time, but continued the downward decline again ending the month and starting out summer.
After an increase in national average prices across all regions in the third week of June, all regions once again saw prices decline ending the month.
Photo: EIA/Work Truck
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Heading into the last week of June and the first official week of summer, national average retail diesel fuel prices continued their decline once again after a minor spike increased prices the first time in several weeks. Current national average diesel prices are $3.80 per gallon, according to the U.S. Energy Information Administration (EIA).
This represents a 2 cent decrease over the previous week, but still is down $1.98 compared to same time last year. This is holding steady with the EIA forecast earlier this year for retail diesel prices to decline in 2023 and 2024.
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Check out Work Truck's latest weekly diesel price update covering the rollercoaster prices for diesel fuel. Gasoline price updates can be found below as well.
U.S. Regional Diesel Fuel Prices as of June 27, 2023
The last week of June, average diesel prices as of June 27, by region were:
East Coast: $3.85
Midwest: $3.73
Gulf Coast: $3.51
Rocky Mountain: $4.02
West Coast: $4.42
U.S. Regional Diesel Fuel Prices as of June 20, 2023
All U.S. regions saw an increase in diesel fuel prices in mid June 2023.
Photo: EIA/Work Truck
Continuing into mid June 2023, national average retail diesel fuel prices increased for the first time in several weeks to $3.82 per gallon, according to the U.S. Energy Information Administration (EIA). This represents a 2 cent increase over ther previous week, but still is down just below $2 compared to same time last year.
The third week of June, average diesel prices as of June 20, by region were:
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East Coast: $3.87
Midwest: $3.74
Gulf Coast: $3.53
Rocky Mountain: $4.03
West Coast: $4.43
U.S. Regional Diesel Fuel Prices as of June 12, 2023
Average diesel prices in June 2023 continue the downward slide.
Photo: EIA/Work Truck
The second week of June 2023 saw the continued drop in diesel prices in most regions, with two of the coastal regions (East Coast and Gulf Coast) seeing a slight uptick.
The first week of June, average diesel prices as of June 12, by region were:
East Coast: $3.86
Midwest: $3.72
Gulf Coast: $3.49
Rocky Mountain: $4.01
West Coast: $4.42
U.S. Regional Diesel Fuel Prices as of June 5, 2023
Average diesel prices in June 2023 continue the downward slide.
Photo: EIA/Work Truck
Starting June 2023, national average retail diesel fuel prices dropped again to $3.80 per gallon, according to the U.S. Energy Information Administration (EIA).
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The first week of June, average diesel prices as of June 5, by region were:
East Coast: $3.85
Midwest: $3.87
Gulf Coast: $3.47
Rocky Mountain: $4.04
West Coast: $4.47
The Rocky Mountain and West Coast regions are still above that $4 per gallon mark, but if diesel fuel prices continue to trend downward at the same rate, it should be just a few more weeks until we just have the West Coast above the $4 threshold.
Average U.S. Gasoline Prices June 2023
National average gasoline prices in the U.S. are primarily stable week-over-week, decreasing by less than 1 cent on a national average. Overall, Gasoline prices are still down $1.30 nationally and at least $1 per gallon across the U.S. regions compared to last year.
Average U.S. gasoline prices were $3.57 per gallon as of June 26, 2023.
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Stay informed! Stay up-to-date on diesel fuel prices throughout the month by regularly checking for the latest updates. We will post new information as soon as it becomes available, so come back again!
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