Diesel Price Rises 5.8¢ to $3.561 a Gallon to Start New Year
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Diesel prices rose significantly in the first reporting period of the new year, climbing 5.8 cents to reach a national average of $3.561 a gallon, according to U.S. Energy Information Administration data released Jan. 6.
The Gulf Coast region posted the largest gain, rising 7.3 cents to $3.269, which still is the lowest average price by a substantial margin.
Over the past three weeks, diesel prices have risen by a cumulative 8.5 cents nationally. This follows a period of relative price stability in late November and December. Notably, this week’s increase was the largest since a 4.7-cent gain Oct. 14.
The national average has fallen 26.7 cents from this time in 2024, reflecting a combination of improved fuel supply conditions and reduced demand in some areas.
Year-Over-Year Comparison
The New England subregion and California show the largest relative decreases at 55.1 cents and 53.4 cents per gallon, respectively, from year-ago levels.
U.S. On-Highway Diesel Fuel Prices
U.S. Energy Information Administration
Regional Analysis
East Coast (PADD 1): Diesel prices in the East Coast region rose by 4.7 cents to an average of $3.634 per gallon. Subregional changes varied:
• New England (PADD 1A): Prices edged up 1.8 cents to $3.771, continuing a relatively stable trend but maintaining a steep year-over-year drop of 55.1 cents.
• Central Atlantic (PADD 1B): A modest increase of 2.7 cents brought the average to $3.801 per gallon.
• Lower Atlantic (PADD 1C): Prices climbed by 5.8 cents to $3.559, aligning with the national surge and reflecting moderate upward momentum.
Midwest (PADD 2): The Midwest recorded a 6.1-cent increase, bringing the regional average to $3.530 per gallon. This represents one of the largest weekly jumps and underscores a pattern of rising prices over recent weeks.
Gulf Coast (PADD 3): Diesel prices in the Gulf Coast region rose sharply by 7.3 cents to $3.269, marking the steepest increase of any region this week. This upward movement contributed to the Gulf Coast maintaining its status as the least expensive region for diesel nationwide.
PADD — Petroleum Administration for Defense Districts. U.S. Energy Information Administration
Rocky Mountain (PADD 4): Prices in the Rocky Mountain region increased by 6 cents to an average of $3.430 per gallon. The region continues to exhibit one of the sharper year-over-year declines, down 36.7 cents compared to January 2024.
West Coast (PADD 5): The West Coast reported a modest increase of 3.7 cents, bringing the average to $4.147 per gallon. Subregional trends included:
• West Coast less California: Prices rose by 3.4 cents to $3.739.
• California: Diesel prices increased by 4.2 cents to $4.618, maintaining the highest average price nationwide.
Gasoline Update
The national average price for a gallon of gasoline rose 4.1 cents to $3.047. That's 2.6 cents below last year's price at this time.
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