Diesel Price Nudges Up 2¢ to $3.573 a Gallon
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The U.S. average diesel price edged up 2 cents, reaching $3.573 per gallon, according to U.S. Energy Information Administration data released Oct. 28.
This follows last week’s decline of 7.8 cents to $3.553 per gallon, which had marked a reversal from a prior four-week cumulative increase.
The average price rose in four the five regions in EIA's weekly survey, with the exception being a dip of four-tenths of a cent in the West Coast
Year-Over-Year Comparison
The price for a gallon of diesel is 88.1 cents lower than the same week in 2023. The West Coast, at $1.142, is the only PADD region that shows a year-over-year decrease of at least $1, but the Rocky Mountain region is close behind at 99.5 cents.
U.S. On-Highway Diesel Fuel Prices
U.S. Energy Information Administration
Regional Analysis
East Coast (PADD 1): The East Coast region saw a moderate increase of 1.5 cents to $3.605 per gallon. Within this region, prices varied:
• New England (PADD 1A) saw a slight decrease of 0.7 cent, bringing the price to $3.753, down by 78.4 cents from last year.
• Central Atlantic (PADD 1B) registered a decrease of 1.2 cents, with the price now at $3.804.
• Lower Atlantic (PADD 1C) experienced a 2.7-cent increase, reaching $3.516 per gallon.
Midwest (PADD 2): Diesel prices in the Midwest rose by 2.6 cents to $3.569 per gallon after experiencing a significant drop last week. Year-over-year, prices in the region are down 87.2 cents from 2023, continuing to provide savings across the agricultural and freight industries in this region.
Gulf Coast (PADD 3): The Gulf Coast saw a notable increase of 3.1 cents, reaching $3.230 per gallon and reversing some of last week’s decrease. As the country’s primary refining hub, prices in this region tend to remain below the national average. Year-over-year, the Gulf Coast’s diesel prices are 88.5 cents lower.
PADD — Petroleum Administration for Defense Districts. U.S. Energy Information Administration
Rocky Mountain (PADD 4): Prices in the Rocky Mountain region climbed 1.9 cents to $3.655 per gallon. The region has maintained a nearly stable price trend over the past few weeks.
West Coast (PADD 5): The West Coast average saw a dip of 0.4 cent, bringing it to $4.206 per gallon, still the highest regional price. Within the West Coast:
• California observed a 1.6-cent decrease to $4.682, marking a year-over-year decline of $1.208, the most significant drop across all subregions.
• West Coast Less California rose just 0.6 cent to $3.791, remaining $1.082 lower than last year.
Gasoline Update
The U.S. average price for a gallon of gasoline has not yet been made available.
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