Create a free Commercial Carrier Journal account to continue reading

Diesel falls below $2 for first time since early 2005

user-gravatar Headshot
Updated Feb 17, 2016

For the first time since Feb. 14, 2005, the average price for a gallon of on-highway diesel in the U.S. is below $2.

According to the Department of Energy’s weekly report, the price of a diesel now stands at $1.98 per gallon, which is the lowest price since Jan. 24, 2005.

Prices dropped in all regions of the country, with the most significant decrease coming in California, where prices dropped 5.3 cents during the week.

The nation’s most expensive diesel is in California at $2.316 per gallon, followed by the Central Atlantic region at $2.197 per gallon.

The cheapest fuel can be found in the Gulf Coast region at $1.858 per gallon, followed by the Rocky Mountain region at $1.866 per gallon.

Prices in other regions, according to the DOE, are: