US Diesel Prices Fall Below $4 on Average

FuelNuts & Bolts
Written By Jennifer Joslyn

⛽️ US Diesel Prices Fall Below $4 on Average.

The average price of diesel fuel in the US has dropped below $4 per gallon for the first time since February 2022, according to the Energy Information Administration. The current price sits at $3.922 per gallon, down from $4.018 per gallon on May 1, due to a nationwide freight slowdown that has resulted in lower demand for fuel and increased stockpiles. Experts predict that gasoline and diesel prices will move apart, with diesel prices falling and gasoline prices rising in the next couple of weeks.

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Jennifer Joslyn
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