U.S. Average Fuel Price

July 18-24: Diesel Prices Increased by $0.02 vs. Prior Week
Average U.S. On-Highway Retail Price for Diesel, from the U.S. Department of Energy
July
11-17
 July
18-24
Week-over-Week:
July 18-24 vs.
July 11-17
June
2009
June
2010
Year-over-Year:
 June 2010 vs.
June 2009
$2.90 $2.92 +  0.7% $2.60 $2.95 + 13%

June 27 - July 3: Diesel Prices Decline by 3.2 Cents, Compared to Prior Week

  • On-highway diesel prices increased by $0.02 (0.7%) in the week ending July 24, compared to the previous week. The increase followed four consecutive weeks of declining fuel prices.  

  • The U.S. Energy Information Administration (EIA) revised its short-term forecast for diesel to $2.96 a gallon from $3.05. (For details, see the EIA report on Petroleum Product Prices.) Average diesel prices exceeded $3.00 per gallon from the week ending April 3 through the week ending May 20.

  • The week's average retail fuel price was 15% higher than $2.53, the average for the corresponding week of 2009, and 39% lower than the same week in 2008, which was the first week of declining fuel prices from that year's peak of $4.73. 

  • The average price for the month of June 2010, including taxes, was $2.95, which is 4.4% lower than the average price for May and 13% higher than  the average price of $2.60 in June 2009.