Diesel prices drop slightly, still up 50 cents year over year

Diesel fuel prices dipped slightly again during the week ending Jan. 23, according to the Department of Energy’s weekly report.

Following a 1.6-cent decrease in prices during the week, the national average for a gallon of on-highway diesel is now $2.569, which is nearly 50 cents higher than the same week in 2016.

Prices dropped in all regions across the U.S. except in New England, where prices rose by just a tenth of a cent. The largest decrease came in the Midwest, where prices fell 2.9 cents.

The most expensive diesel can be found in California at $2.923 per gallon, followed by the Central Atlantic region at $2.784 per gallon.

The cheapest fuel can be found in the Gulf Coast region at $2.414 per gallon, followed by the Midwest region at $2.512 per gallon.

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

  • New England – $2.676
  • Lower Atlantic – $2.507
  • Rocky Mountain – $2.532
  • West Coast less California – $2.75

ProMiles’ numbers during the same week show a 1.9-cent drop in diesel prices to $2.521 per gallon nationwide.

According to ProMiles’ Fuel Surcharge Index, the most expensive diesel can be found in

California at $2.909 per gallon, and the cheapest can be found in the Gulf

Coast region at $2.42 per gallon.

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