May 22, 2023 5:10 PM, EDT

Diesel Prices Slip Another 1.4¢ to $3.883 a Gallon

Fifth-Straight Weekly Drop Puts National Average at $1.688 Less Than a Year Ago

Diesel prices have fallen 73.9 cents since their 2023 high of $4.622 on Jan. 30. (HAYKIRI/Getty Images)

Diesel prices took a modest dip, falling 1.4 cents to reach $3.883 a gallon on average, according to Energy Information Administration data released May 22.

Diesel prices have dropped for the past five weeks, according to EIA, after a 1.8-cent rise April 17.
Diesel prices have fallen 73.9 cents since their 2023 high of $4.622 on Jan. 30.
Diesel prices are down $1.688 from the same time in 2022.
Diesel prices fell in nine of the10 regions in EIA’s weekly survey and were flat in California. The largest drop was 7.7 cents a gallon in New England, and the smallest decrease was one-tenth of a cent in the Rocky Mountain region.
Gasoline prices nudged down two-tenths of a cent per gallon to $3.534.That's $1.059 less than it cost at this time a year ago.