Diesel price rises fraction of a penny, mostly stagnant in December

user-gravatar Headshot
Updated Dec 24, 2013

imagechartThe national average price for a gallon of on-highway diesel rose two-tenths of a penny in the week ended Dec. 23 to $3.873, according to the Department of Energy’s Energy Information Administration.

The price of diesel has now remained nearly stagnant in the last three weeks, changing just a fraction of a cent in each — The price fell four-tenths of a cent in the week ended Dec. 9 and then fell another eight-tenths of a cent in the week ended Dec. 16.

The price of diesel in the last several months has consistently at least a dime cheaper — sometimes as much as a quarter cheaper — than the same week in 2012. That gap, however, has slowly closed in recent weeks, as the price of diesel is now just 5 cents lower than the same week in 2012.

Regionally, the Central Atlantic region saw the biggest week-to-week increase, rising 1.1 cents. The Midwest region had the largest decrease, falling five-tenths of a cent.

The California region still has the country’s most expensive diesel, $4.073 a gallon, while the Gulf Coast region still has the nation’s cheapest, $3.772.

Showcase your workhorse
Add a photo of your rig to our Reader Rigs collection to share it with your peers and the world. Tell us the story behind the truck and your business to help build its story.
Submit Your Rig
Reader Rig Submission