Diesel Prices Drop for Second Week Straight

FuelNuts & Bolts
Written By Jennifer Joslyn

⛽️ Diesel Prices Drop for Second Week Straight.

The average price of diesel fuel in the U.S. has slightly decreased, sitting at $4.018 per gallon as of May 1, down from the previous two weeks. The Rocky Mountains and West Coast regions have seen rising prices, with averages of $4.146 and $4.489 per gallon, respectively. Meanwhile, oil companies worldwide have reported substantial profits due to Russia's energy supply restrictions following its invasion of Ukraine. BP has reported earnings of $5 billion in the first quarter of 2023, and its CEO, Bernard Looney, said the company had "strategic delivery" during the period.

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The average price of diesel fuel in the U.S. has slightly decreased, sitting at $4.018 per gallon as of May 1, down from the previous two weeks.

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Jennifer Joslyn
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