The average Cost of a Gallon Is $3.987 After 10.5¢ Drop
The national average diesel price dropped below $4 a gallon for the first time in nearly five months after shedding 10.5 cents to $3.987, according to the Energy Information Administration data released Dec. 11.
Highlights
- The last time trucking’s main fuel cost less than $4 a gallon was July 24, when a 9.9-cent increase marked the start of 11 straight increases that ended Oct. 9.
- A gallon of diesel now costs 76.7 cents less than it did at this time in 2022.
- The national average diesel price fell in all 10 regions in EIA’s weekly survey, with the Lower Atlantic, West Coast and California recording declines of 11 cents or more. New England posted the smallest price drop at 1.4 cents.
- The average price for a gallon of gasoline dropped 9.5 cents to reach $3.316. That marks a 10.3-cent decline from this time a year ago.
Source: ttnews.com
