Trucker 1080 Fuel Island 920

Diesel down, a little, again—but 50 cents higher than last year

Jan. 24, 2017
Diesel prices have fallen a smidge, but still are running well above year-ago levels. The average U.S. retail pump price for diesel dipped 1.6 cents in the DOE's Jan. 23 report, to $2.569 per gallon. That’s about 50 cents higher than this time last year.

Diesel prices have fallen a smidge, but still are running well above year-ago levels.

The average U.S. retail pump price for diesel dipped 1.6 cents in the Jan. 23 report by the Energy Information Administration (EIA), to $2.569 per gallon. That’s about 50 cents higher than this time last year.

Prices slipped in every region, although by less than a penny on the East Coast, on average, coming in at $2.676 in New England, $2.784 in the Central Atlantic, and $2.507 in the Lower Atlantic.

The Midwest posted a drop of 2.9 cents ($2.512), and diesel was down 0.6 cents in the Rocky Mountains ($2.532).

On the West Coast, less California, diesel registered a 0.5-cent decrease to $2.75. In California, the price fell 1.4 cents to $2.923, the highest price in the lower 48 states.

Diesel on the Gulf Coast slipped 1.5 cents to $2.414—still the lowest price for a gallon in the country.

The national average price for gasoline was down 3.2 cents for the week, to $2.326. That’s 47 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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