The average diesel price in the U.S. dropped by 8.2 cents to $3.458 per gallon during the week ending December 9, as reported by the U.S. Energy Information Administration. This marks the steepest weekly decrease since December 11, 2023, when prices fell by 10.5 cents.

Nationally, diesel prices are now 52.9 cents lower than they were during the same week in 2023, offering continued financial relief for the transportation and logistics sectors. While price changes varied across regions, most areas saw substantial weekly decreases.

Year-Over-Year Highlights
Compared to last year, diesel prices have dropped significantly, with California experiencing the largest decline of 74.4 cents per gallon.

Regional Breakdown of Diesel Prices

East Coast (PADD 1)
The East Coast average fell by 6.2 cents to $3.535 per gallon, with the following subregional trends:

  • New England (PADD 1A): Prices dropped 1.8 cents to $3.755, marking a 66.3-cent year-over-year decrease.
  • Central Atlantic (PADD 1B): A decrease of 4.3 cents brought the average to $3.750, down 65.6 cents compared to last year.
  • Lower Atlantic (PADD 1C): Diesel prices fell 7.5 cents to $3.432, a 44.8-cent year-over-year decline.

Midwest (PADD 2)
Prices in the Midwest saw a 9.6-cent drop, averaging $3.425 per gallon. Compared to the same time last year, prices are down by 47.5 cents, continuing a steady downward trend.

Gulf Coast (PADD 3)
The Gulf Coast recorded the nation’s lowest diesel prices, with a significant weekly decrease of 9.7 cents, bringing the average to $3.130 per gallon. Year-over-year, prices in this region have fallen by 51 cents.

Rocky Mountain (PADD 4)
This region experienced the sharpest weekly decline, dropping 10.2 cents to $3.329 per gallon. Year over year, prices are down by 72 cents, the second-largest decrease nationwide.

West Coast (PADD 5)
The West Coast saw a 4.5-cent reduction, with an average of $4.119 per gallon. Subregional details include:

  • West Coast less California: A 5.7-cent decrease brought the average to $3.682, down 62.8 cents from last year.
  • California: Prices declined by 2.9 cents to $4.623, maintaining the highest average in the U.S. Despite this, California saw a 74.4-cent year-over-year decline, the largest drop nationwide.

Gasoline Prices

The national average gasoline price was not updated at the time of publication.