Image

Diesel prices down again

Average U.S. diesel prices have dropped again, according to the Energy Information Administration (EIA). This week, diesel prices dropped 1.6 cents to $2.843, compared to last week’s $2.859, EIA said. This week’s price is $1.077 per gallon cheaper compared to the same week last year.

Diesel prices decreased in every region of the country this week. Four regions break the $3 per gallon mark:

  • California, down 2.9 cents to $3.141 per gallon;

  • The Central Atlantic, down 8 tenths of a cent to $3.094;

  • The West Coast including California, down 2.9 cents to $3.068;

  • New England, down 1.4 cents to $3.071;

Average U.S. retail pump prices for gasoline decreased by 1.1 cents this week to $2.801 per gallon, the agency noted. According to EIA, that is 90.3 cents cheaper compared to the same week last year.

Gasoline prices decreased in all but two regions – the Rocky Mountain region again increased 3 tenths of a cent to $2.791, and the Central Atlantic saw a 1.7-cent increase to $2.803. Like last week, the two regions above the $3-per-gallon mark are the West Coast including California at $3.309 and the West Coast without California at $3.065, EIA said.

This July 1 marks the 20th year EIA has been online, the agency said.

“On July 1, 1995, the U.S. Energy Information Administration became the first agency within the U.S. Department of Energy to venture onto the Internet,” EIA said. “In an era before Google, Facebook, and Internet Explorer, the Internet had about 40 million users and 23,500 websites. The seven users who visited EIA.gov on its first day of operation had access to a few dozen web pages and 200 files.”

About the Author

Cristina Commendatore

Cristina Commendatore was previously the Editor-in-chief of FleetOwner magazine. She reported on the transportation industry since 2015, covering topics such as business operational challenges, driver and technician shortages, truck safety, and new vehicle technologies. She holds a master’s degree in journalism from Quinnipiac University in Hamden, Connecticut.

Voice your opinion!

To join the conversation, and become an exclusive member of FleetOwner, create an account today!

Sponsored Recommendations

Seasonal Strategies for Maintaining a Safe & Efficient Fleet Year-Round

Prepare your fleet for every season! From winterizing vehicles to summer heat safety, our eBook covers essential strategies for year-round fleet safety. Download now to reduce...

Streamline Compliance, Ensure Safety and Maximize Driver's Time

Truck weight isn’t the first thing that comes to mind when considering operational efficiency, hours-of-service regulations, and safety ratings, but it can affect all three.

Improve Safety and Reduce Risk with Data from Route Scores

Route Scores help fleets navigate the risk factors they encounter in the lanes they travel, helping to keep costs down.

Celebrating Your Drivers Can Prove to be Rewarding For Your Business

Learn how to jumpstart your driver retention efforts by celebrating your drivers with a thoughtful, uniform-led benefits program by Red Kap®. Uniforms that offer greater comfort...