The current price increase is the largest since a 6-cent gain the week of May 19. (Andyborodaty/Getty Images)
The national price of diesel climbed a dime to $3.571 a gallon, according to U.S. Energy Information Administration data released June 17.
The increase is largely due to escalating tensions in the Middle East and their effects on Iranian oil.
A gallon of diesel now costs 16.4 cents less than it did at this time in 2024.
The price gain is the second straight after a run of seven declines in eight weeks from April 7. It also marked the steepest increase since a 6-cent rise the week of May 19.
PADD
(PADD — Petroleum Administration for Defense Districts. U.S. Energy Information Administration)
Regional Trends
The average price of diesel rose in all five PADDs, with the Midwest and Gulf Coast reporting the highest increases at 10.8 cents and 10.3 cents, respectively. The West Coast less California and the East Coast’s Lower Atlantic subregions posted gains of 13.8 cents and 13.3 cents, respectively.
U.S. On-Highway Diesel Fuel Prices
U.S. Energy Information Administration
Gasoline Update
The national average price for a gallon of gasoline went up 3.1 cents to $3.319. That’s still 29.6 cents less than it cost a year earlier.
What We Pay …
