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Diesel Nudges Up 0.4¢ to $2.39 a Gallon for First Rise This Year

The nationwide average price of diesel fuel increased by about half a penny, the U.S. Energy Information Administration reported May 26, ending a string of 19 consecutive weekly price decreases in 2020.

The price of diesel rose 0.4 cent to $2.390 a gallon from $ 2.386 the previous week. Trucking’s main fuel costs 76.1 cents a gallon less than it did a year ago.

Diesel began the year at $3.079 and had dropped each successive week until now.

Meanwhile, the average price of a gallon of gasoline had a significant jump, climbing 8.2 cents nationally to $1.96. In the Rocky Mountain region, it surged 17.1 cents.

Every region across the country except two had price increases for diesel. The Central Atlantic saw diesel prices decline by 0.1 cent to $2.666 a gallon, and the Gulf Coast saw no change at $2.175 a gallon.

The West Coast absent California saw the most significant increase at 1.8 cents. The price in California rose 1.1 cents to $3.182 a gallon. The Golden State still has the most expensive diesel at $3.182 a gallon.

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