The U.S. average diesel price rose by 2 cents to reach $3.573 per gallon, as per data from the U.S. Energy Information Administration on October 28. This increase follows a 7.8-cent drop last week to $3.553 per gallon, which had interrupted a four-week stretch of rising prices.

In the EIA’s weekly survey, diesel prices went up in four out of five regions, with the exception being a slight drop of 0.4 cents on the West Coast.

Year-Over-Year Comparison
Compared to the same period in 2023, the current diesel price is 88.1 cents lower per gallon. The West Coast stands out with a year-over-year decrease of $1.142, and the Rocky Mountain region is also close, showing a reduction of 99.5 cents.

Regional Analysis

East Coast (PADD 1):
The East Coast region experienced a moderate price rise of 1.5 cents, bringing diesel to $3.605 per gallon. Within this area, price changes varied:

  • New England (PADD 1A) saw a slight drop of 0.7 cents, with prices now at $3.753 per gallon—78.4 cents lower than last year.
  • Central Atlantic (PADD 1B) prices decreased by 1.2 cents, reaching $3.804.
  • Lower Atlantic (PADD 1C) had a 2.7-cent increase, bringing the price to $3.516 per gallon.

Midwest (PADD 2):
In the Midwest, diesel prices rose by 2.6 cents to $3.569 per gallon, following a sharp decline last week. Year-over-year, prices in the region are down by 87.2 cents, continuing to support cost savings for the agricultural and freight sectors.

Gulf Coast (PADD 3):
The Gulf Coast saw a notable increase of 3.1 cents, reaching $3.230 per gallon, partially reversing last week’s decrease. As a key refining center, this region typically has prices below the national average. Diesel prices here are 88.5 cents lower than the previous year.

Rocky Mountain (PADD 4):
Diesel prices in the Rocky Mountain region rose by 1.9 cents to $3.655 per gallon. The region has seen relatively stable prices in recent weeks.

West Coast (PADD 5):
The West Coast average dropped slightly by 0.4 cents to $4.206 per gallon, which remains the highest price among all regions. Within the West Coast:

  • California’s prices decreased by 1.6 cents, now at $4.682 per gallon, marking a significant year-over-year decline of $1.208.
  • The West Coast excluding California rose by just 0.6 cents to $3.791, which is $1.082 lower than the same time last year.

Gasoline Update
Data for the U.S. average gasoline price is not yet available.