Diesel Surges Another 30¢ in One Week — National Average Hits $5.38
Diesel prices keep climbing. This week saw a 30.4-cent jump, hitting the highest level since July 2022.
Truckers, hold on tight because diesel prices are showing no signs of slowing down. 💸
According to the EIA (Energy Information Administration), the national average for on-highway diesel jumped 30.4 cents in a single week, reaching $5.38 per gallon. That’s the highest since July 2022, when the Russia-Ukraine war sent prices soaring to $5.81.
Regional Breakdown
- 🟥 California: $6.87/gal (approaching $7)
- 🟧 West Coast (excl. CA): $5.83/gal
- 🟨 New England: $5.76 (+52¢ in one week — biggest regional jump)
- 🟩 Central Atlantic: $5.63
- 🟩 Lower Atlantic: $5.40
- 🟩 Rocky Mountain: $5.17
- ✅ Gulf Coast: $5.13 (cheapest in the nation)
- ✅ Midwest: $5.16
Why Is It Rising So Fast?
The Iran conflict that kicked off two weeks ago is shaking oil markets, just like Russia-Ukraine did in 2022. And the bad news: experts don’t see prices dropping anytime soon.
The Silver Lining
Spot rates are rising too, responding to increased costs. According to Truckstop.com and FTR Transportation Intelligence, all-in averages have been climbing for several weeks.
🔧 Pro tip from El Truck Saver: When diesel is this expensive, every tenth of an MPG matters. Proper alignment can improve your fuel economy by up to 0.5 MPG — that’s hundreds of dollars per month at these prices. 💪