Photo: Josh Fisher
Fleetowner 31993 Link Diesel Pump Jf

Fuel prices turn back up

Aug. 28, 2018
Every region in the U.S. reported an increase in diesel prices this week; middle-America saw most of the gasoline pump price increases.

After a summer of slowly receding fuel prices at the pumps across the U.S., the national average for both on-highway diesel and gasoline inched up this week, according to data released Monday by the Energy Information Administration (EIA).

The national average for U.S. on-highway diesel is up 1.9 cents this week to $3.226. This week's average is 62.1 cents more than it was this week in 2017, according to EIA. This week's average diesel price is 6.2 cents below 2018's national high, which was on May 28.

Every region in the U.S. reported an increase in diesel prices this week, according to EIA. The largest increases in diesel prices at the pump this past week came in the Midwest (up 2.4 cents to $3.153) and the Gulf Coast (up 2.3 cents to $3.004). The more than 2-cent jump in the Gulf means that every region in the U.S. has diesel averaging more than $3 per gallon for the first time in more than a month.

Gasoline prices at the pump saw a more mixed movement this past week as the East Coast saw another week of falling gas prices; so did the West Coast – if you don't count California, which saw a slight increase in gas prices.

The national average for regular gasoline is up 0.6 cents this week to $2.827. This week's average is 42.8 cents more than it was this week in 2017, according to EIA. The 2018 gasoline average high of $2.962 on May 28 is 13.5 cents more than this week's U.S. gasoline average.

Here is a look at the week-over-week on-highway diesel prices in every region of the U.S., as EIA reported on Monday night:

  • East Coast: $3.219 (up 1.2¢)
    • New England: $3.267 (up 0.6¢)
    • Central Atlantic: $3.385 (up 0.5¢)
    • Lower Atlantic: $3.094 (up 1.8¢)
  • Midwest: $3.153 (up 2.4¢)
  • Gulf Coast: $3.004 (up 2.3¢)
  • Rocky Mountain: $3.364 (up 1.5¢)
  • West Coast: $3.719 (up 1.3¢)
    • West Coast less California: $3.433 (up 1¢)
    • California: $3.945 (up 1.6¢)

Here's a look at gasoline prices per gallon by region and how they changed this week:

  • East Coast: $2.764 (down 1.3¢)
    • New England: $2.851 (down 1.2¢)
    • Central Atlantic: $2.903 (down 0.7¢)
    • Lower Atlantic: $2.653 (down 1.7¢)
  • Midwest: $2.760 (up 3¢)
  • Gulf Coast: $2.569 (up 0.1¢)
  • Rocky Mountain: $2.994 (up 3.1¢)
  • West Coast: $3.310 (up 0.3¢)
    • West Coast less California: $3.110 (down 0.8¢)
    • California: $3.471 (up 0.9¢)
About the Author

Josh Fisher | Editor-in-Chief

Editor-in-Chief Josh Fisher has been with FleetOwner since 2017, covering everything from modern fleet management to operational efficiency, artificial intelligence, autonomous trucking, regulations, and emerging transportation technology. He is based in Maryland. 

Sponsored Recommendations

Reducing CSA Violations & Increasing Safety With Advanced Trailer Telematics

Keep the roads safer with advanced trailer telematics. In this whitepaper, see how you can gain insights that lead to increased safety and reduced roadside incidents—keeping drivers...

80% Fewer Towable Accidents - 10 Key Strategies

After installing grille guards on all of their Class 8 trucks, a major Midwest fleet reported they had reduced their number of towable accidents by 80% post installation – including...

Proactive Fleet Safety: A Guide to Improved Efficiency and Profitability

Each year, carriers lose around 32.6 billion vehicle hours as a result of weather-related congestion. Discover how to shift from reactive to proactive, improve efficiency, and...

Tackling the Tech Shortage: Lessons in Recruiting Talent and Reducing Turnover

Discover innovative strategies for recruiting and retaining tech talent in the trucking industry during this informative webinar, where experts will share insights on competitive...

Voice your opinion!

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