Trucker 1176 Fuel Island 920

Diesel down 2.5 cents to 2017 low

March 21, 2017
A 2.5 cent decline this week has moved the price for a gallon of diesel fuel to its lowest level in 2017.

A 2.5 cent decline this week has moved the price for a gallon of diesel fuel to its lowest level in 2017.

The average U.S. retail pump price for diesel came in at $2.564 in the March 20 update by the Energy Information Administration (EIA). That’s cheaper than it’s been since mid-December, but 42 cents higher than this time last year.

Prices fell in every region.

On the East Coast, prices were down 1.7 cents on average, coming in at $2.622 in New England,  $2.738 in the Central Atlantic, and $2.498 in the Lower Atlantic.

On the West Coast, less California, diesel registered a 3.4-cent decrease to $2.702 while California posted a 0.8 cent price decline, to $2.928, the highest price in the lower 48 states.

Diesel was down 2.7 cents in the Rocky Mountains ($2.59), while the price for a gallon in the Midwest slipped 2.7 cents ($2.464).

The Gulf Coast saw a drop of a 3.9 cents, to $2.38—the lowest price for a gallon in the country.

The national average price for gasoline was down 0.2 cents for the week, to $2.321. That’s 31.4 cents higher than last year.

About the Author

Kevin Jones | Editor

Kevin has served as editor-in-chief of Trailer/Body Builders magazine since 2017—just the third editor in the magazine’s 60 years. He is also editorial director for Endeavor Business Media’s Commercial Vehicle group, which includes FleetOwner, Bulk Transporter, Refrigerated Transporter, American Trucker, and Fleet Maintenance magazines and websites.

Working from Little Rock, Kevin has covered trucking and manufacturing for 15 years. His writing and commentary about the trucking industry and, previously, business and government, has been recognized with numerous state, regional, and national journalism awards.

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