February 27, 2023 4:59 PM, EST

Diesel Sheds Another 8.2¢, Falling to $4.294 a Gallon

Tanker truck delivers fuel at a filling station

A tanker truck delivers fuel to a filling station. The national average price of a gallon of diesel has dropped about 29 cents since the Jan. 2 reporting period.(Johnny H5/Getty Images)

The national average price for diesel finished February with a flourish, dropping 8.2 cents a gallon to reach $4.294, according to Energy Information Administration data released Feb. 27.

Highlights

Diesel has shed 24.5 cents over the past three weeks and 28.9 cents since the Jan. 2 reporting period.
A gallon of trucking’s main fuel still costs 19 cents more than it did at this time a year ago.
The average price went down in all 10 regions in EIA’s survey, ranging from highs of 13.6 cents and 13.5 cents, respectively, in New England and the Lower Atlantic to a low of 2.9 cents in the West Coast less California.
Gasoline saw a drop of 3.7 cents to $3.342 a gallon, placing it 26.6 cents a gallon cheaper than a year ago.