A peace deal between the U.S. and Iran continues to crawl after recent attacks from both sides. Experts are now saying that even if peace is reached, it’s unlikely that travel through the Strait of Hormuz will ever be the same as it was before. 

Despite the continued uncertainty, diesel and gas prices are dropping throughout the U.S. This is the sixth consecutive week of declines as volatility in the Middle East sees ups and downs. While these declining prices are surely encouraging to U.S. drivers, diesel and gas prices are still much higher compared to this time last year. 

Much of the public has been vocal about how high fuel prices are affecting their wallets, but now President Donald Trump is joining in the complaints. 

"The big Oil Companies are not dropping their price at the pump commensurate with the sharply lower prices they are paying for Oil," Trump wrote in a recent Truth Social post. “Gasoline prices better start going down a lot faster than what I’m seeing!”

The national average on-highway diesel price dropped 16 cents to $4.668, according to data released by the U.S. Energy Information Administration (EIA) on June 30. Gas prices dropped 8 cents to $3.831.

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.:

• West Coast: The biggest drop in diesel prices this week occurred along the West Coast, by 28 cents to $5.528. Without including California, diesel prices fell 28 cents to $4.962.
• Rocky Mountain: In the Rockies, diesel prices dropped 19 cents to $4.602.
• Midwest: Diesel prices dropped 17 cents to $4.583. 
• Gulf Coast: Along the Gulf Coast, diesel prices dropped 13 cents to $4.283.
• East Coast: Diesel prices dropped 13 cents to $4.758. 

According to AAA Motor Club (AAA), the current national diesel price average is $4.853. This is 19 cents higher than EIA’s current estimate and $1.159 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 $3.831, according to EIA, 14 cents lower than last week’s average. 

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

• West Coast: The biggest drop in gasoline prices this week occurred along the West Coast, by 14 cents to $4.919. Without including California, gas prices dropped 13 cents to $4.534.
• Rocky Mountain: In the Rockies, gas prices dropped 13 cents to $3.715.
• Gulf Coast: Gas prices dropped 12 cents to $3.321.
• Midwest: Gas prices dropped 10 cents to $3.625.
• East Coast: Gas prices dropped 4 cents to $3.742.

According to AAA, the current national gasoline price average is $3.847. This is 2 cents higher than EIA’s current estimate and 66 cents higher than this time last year. 

In a recent press release, AAA said, “Crude oil prices have also continued to fall as the U.S. and Iran work toward a long-term deal. Despite lower prices, demand could rise as a record number of Americans prepare to travel for Independence Day weekend, with 85% of travelers planning to drive to their destinations.”