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Diesel prices fell 4.9¢ to $3.487 per gallon nationwide. Gasoline prices also declined, down 1.3¢ from last week.
The national average diesel price reversed last week’s increase, dropping 4.9 cents to $3.487 per gallon, according to data released May 28 by the U.S. Energy Information Administration.
This follows a 6-cent increase the week prior, which had interrupted a five-week stretch of consecutive declines totaling 16.3 cents. Diesel is now 27.1 cents cheaper on average than during the same period in 2024.
“Diesel’s price movement continues to reflect broader volatility in energy markets, with regional shifts offering insight into localized demand and supply dynamics,” according to the EIA report.
Here are the current diesel prices:
Source: Transport Topics
Tensions in the Strait of Hormuz rise after U.S. strikes on Iran, threatening oil flows, diesel prices, and global freight shipping
National average diesel price rises for the third week, up by 43.3¢ since July 17. Diesel now 75.4¢ cheaper than the same period in 2022.
The national average diesel price sees a dramatic increase, soaring by 22.2 cents to hit $4.127 per gallon.
Diesel prices surge 9.9¢ in a week, hitting $3.905 a gallon, marking the largest increase since March 2022.
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