U.S. average diesel price climbs for fourth consecutive week

The national average retail diesel price climbed for the fourth consecutive week, climbing 1.3 cents to $3.796 a gallon during the week ended Monday, July 30, according to the U.S. Department of Energy’s Energy Information Administration.

Three weeks ago saw the first price increase after 12 straight weekly declines dating back to April 9; during that time, the price of diesel had dropped 49.9 cents a gallon. Still, this week’s price is 14.1 cents below the same week last year.

Average retail prices rose in most regions, led by a 3.3-cent increase to $3.782 in the Midwest. The largest decrease was 1.5 cents to $ 3.696 on the Gulf Coast, the least expensive diesel on average. The most expensive diesel on average was $3.967 a gallon in California, where prices fell 0.9 cent.

Complete diesel price information is available on EIA’s Website.

Learn how to move your used trucks faster
With unsold used inventory depreciating at a rate of more than 2% monthly, efficient inventory turnover is a must for dealers. Download this eBook to access proven strategies for selling used trucks faster.
Used Truck Guide Cover