Diesel falls to five-year low after latest drop

user-gravatar Headshot
Updated Apr 1, 2015
Screen Shot 2015-03-31 at 9.21.09 AM

The national average price for a gallon of on-highway diesel fell another 4 cents in the week ended March 30 to $2.824, according to the Department of Energy’s weekly report.

The drop was enough to push the country’s diesel average to its lowest point in more than five years (February 2010).

This is the third straight week the U.S. diesel average has dropped and the 30th in the last 39 weeks. The national average price was also $1.151 lower than the same week last year.

All regions in the U.S. also saw a price drop, according to the DOE. The West Coast less California region led the way with a 5.7-cent decline, followed by the West Coast and its California rebregion’s 5.6-cent drops.

The Central Atlantic region had the country’s most expensive diesel, $3.179, followed by the New England region’s $3.164.

The Gulf Coast had the U.S.’ cheapest diesel, $2.675, followed by the Midwest’s $2.727 and the Rocky Mountains’ $2.743.

The Business Manual for Owner-Operators
Overdrive editors and ATBS present the industry’s best manual for prospective and committed owner-operators. You’ll find exceptional depth on many issues in the Partners in Business book, updated annually.
Partners in Business Issue Cover