May 2023: Diesel Fuel Price Trends

[TowNews]

Follow Lauren Fletcher with Work Truck Magazine as she Tracks Diesel Fuels Prices.

 

 

For the third week in a row, national average diesel prices stayed below $4 per gallon on average,

but the Rocky Mountains and West Coast are still above the $4 mark. 

Photo: Work Truck/EIA

 

 

 

Heading into the fourth week of May 2023, national average retail diesel fuel prices dropped to $3.88 per gallon, according to the U.S. Energy Information Administration (EIA). 

 

This average price dipped a smaller amount than in past weeks, just over 1 cent per gallon compared with the previous week and around $1.69 compared to last year.

 

Still, only the U.S.'s Rocky Mountain and West Coast regions have average diesel prices above the $4 per gallon mark, but the Rocky Mountain region is creeping up on that sub $4 per gallon price range with its average one-cent-per-week dips.

 

Lauren Fletcher

Executive Editor - Fleet & Trucking

Check out Work Truck's latest weekly price diesel price update covering dipping and sliding diesel prices: 

https://www.worktruckonline.com/10197889/may-2023-diesel-fuel-price-update

 

About the Author:

Lauren Fletcher

Executive Editor - Fleet & Trucking