Diesel and gas prices continue to drop, easing operational costs for fleets nationwide

For the second week in a row, both diesel and gas prices have dropped. The national average on-highway diesel price dropped 5 cents to $3.620, according to data released by the U.S. Energy Information Administration (EIA) on October 21. Gas prices dropped 4 cents to $3.019. 

What are the current diesel prices across the U.S.?

Here are this week’s diesel price highlights from each region of the U.S.:

• Rocky Mountain: Diesel prices in the Rockies experienced the largest decline this week, dropping by 7 cents to $3.585.
• East Coast: Off the East Coast, diesel prices dropped 5 cents to $3.675.
• West Coast: Off the West Coast, diesel prices dropped 4 cents to $4.421. Without including California, diesel prices dropped 4 cents to $4.008.
• Midwest: In the Midwest, diesel prices dropped 4 cents to $3.564.
• Gulf Coast: Off the Gulf Coast, diesel prices dropped 4 cents to $3.256.

According to AAA Motor Club (AAA), the current national diesel price average is $3.621. This is 0.1 cents higher than EIA’s current estimate and 3 cents higher than this time last year.

What are the current gasoline prices across the U.S.?

The current national average on-highway gasoline price is $3.019, according to EIA, 4 cents lower than last week’s average. 

Here are this week’s gasoline price highlights from each region of the U.S.:

• Gulf Coast: This week, the Gulf Coast saw the largest drop in gasoline prices, falling 7 cents to $2.556. 
• Rocky Mountain: In the Rockies, gas prices dropped 5 cents to $2.997.
• East Coast: Off the East Coast, gas prices dropped 5 cents to $2.902.
• West Coast: Off the West Coast, gas prices dropped 5 cents to $4.166. Without including California, gas prices dropped 7 cents to $3.878.
• Midwest: In the Midwest, gas prices dropped 1 cent to $2.805.

According to AAA, the current national gasoline price average is $3.047. This is 3 cents higher than EIA’s current estimate and 13 cents lower than this time last year.

In a recent press release, AAA said, “The national average for a gallon of regular gasoline could reach the $3 mark for the first time in four years. Since last week, the national average has dropped more than 5 cents to $3.05. Several factors are behind the drop, including falling crude oil prices, lower gasoline demand, and cheaper winter-blend gasoline at the pump. The tropics have been relatively quiet, and storm activity hasn’t had an impact on gas prices.”