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Diesel Drops Below $5 at $4.964 a Gallon


The national average price of diesel slid 6.9 cents to $4.964 a gallon in its third straight decline, according to Energy Information Administration data released Sept. 19.

Highlights

• The average cost settled below $5 a gallon for the first time since it was $4.909 on Aug. 22. The last time trucking’s main fuel was below $4 was Feb. 7, when a gallon cost $3.951.

• Diesel still costs $1.571 more than it did at this time in 2021.

• The average price fell in all 10 regions in EIA’s weekly survey, with the Midwest showing the largest drop (9 cents) and California the smallest (1.5 cents). California still has the most expensive diesel in the country at $6.149 a gallon, or 53.7 cents more than the West Coast.

U.S. On-Highway Diesel Fuel Prices

EIA regional fuel chart

EIA.gov

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