The national average price of diesel dipped to $3.947 per gallon, marking the third time in five weeks it’s fallen below the $4 mark. This data, released by the Energy Information Administration on April 29, indicates a 4.5 cent drop compared to previous records.

Key Points:

  • Over the past five weeks, the average diesel price has been below $4 per gallon for three of them. This contrasts with the period before April 1, where the price hadn’t dipped below $4 since February 5, when it was at $3.899 on average.
  • Presently, diesel is priced 7.1 cents lower than it was at the same time in 2023.
  • The EIA’s weekly survey shows a decline in diesel prices across all 10 regions, with reductions ranging from 9.6 cents per gallon in the Rocky Mountain region to 1.7 cents in the Central Atlantic.

U.S. On-Highway Diesel Fuel Prices