Fuel Smarts

Diesel Prices Resume Downward Trajectory

September 14, 2015

Source: EIA
Source: EIA

After a week of increases, the price of a gallon of on-highway diesel fuel fell once again last week, according to the latest numbers from the U.S. Energy Department.

The national average price of a gallon of diesel dropped by 1.7 cents, settling at $2.517 per gallon, nearly back to the level of two weeks earlier. The price of a gallon of diesel is down $1.284 compared with the same week in 2014.

Prices were down across the board regionally, with the largest decrease in price coming to the Gulf Coast region with a 2.3-cent drop. The smallest decreases were found in California, where prices on average dropped less than a cent.

Gasoline continued its streak of falling prices, dropping by an average of 6.3 cents and settling at $2.375 nationally. The largest decrease in prices came to the West Coast region – dropping 9.9 cents per gallon. The smallest decrease came to New England at 3.7 cents per gallon.

Crude oil prices are down by more than 1% this week, driven by falling gasoline prices, according to a CNBC report. U.S. crude was down 63 cents and finished Monday at $44 per barrel, while Brent crude was down $1.70 to $46.60 per barrel.

While the stock market is unstable due to economic turmoil in China and the looming possibility of interest rate hikes in the U.S., oil will likely continue to drop in price as the peak summer season comes to a close and supply outstrips demand globally.

Comment On This Story

Comment: (Maximum 10000 characters)  
Leave this field empty:
* Please note that every comment is moderated.


Fleet Management And Leasing

Jack Firriolo from Merchants will answer your questions and challenges

View All


Public Fleet Tracking And Telematics

Amin Amini from Verizon Connect will answer your questions and challenges

View All


Fuel Management

Bernie Kanavagh from WEX will answer your questions and challenges

View All


Recent Topics

How many different types of antifreeze do you stock? I’m curious to know what others are doing to deal with the numerous specifications...

View Topic

would anyone be willing to share there salary ranges for equip tech I thru III, and a welder salary range also

View Topic

Fleet Documents

1117 Fleet Documents (and counting) to Download!

Sponsored by

Accident management refers to a program wherein the leasing company or fleet management supplier handles some or all aspects of an accident in which a covered vehicle is involved.

Read more