Heavy Duty Trucking Logo
MenuMENU
SearchSEARCH

Diesel Prices Up, Oil Production Could Increase

The price of diesel fuel increased for the third week in a row, hitting an average price of $2.198 per gallon.

by Staff
April 25, 2016
Diesel Prices Up, Oil Production Could Increase

 

2 min to read


Source: EIA

The price of diesel fuel increased for the third week in a row, hitting an average price of $2.198 per gallon, according to the latest numbers from the Energy Department released Monday.

Ad Loading...

The average price of on-highway diesel fuel increased 3.3 cents last week. Diesel prices have been steadily increasing since early this year, but the average is still 61.3 cents cheaper than it was in the same week a year ago.

Ad Loading...

The largest increase in prices last week was in the Midwest at 4.4 cents. The smallest change in prices by region was in New England with a 0.4-cent increase for the week.

The average price of regular gasoline also increased last week with a 2.5-cent increase to $2.162 per gallon. The price is 40.8 cents cheaper per gallon than it was 12 months ago.

Despite oil-producing countries not being able to come to an agreement on oil production, crude oil prices surged last week, finally losing some value on Monday, according to a MarketWatch report.

Analysts expected crude oil to drop as production remains too high for global demand. Despite a rally last week, the reality that production will not be dropping any time soon (and in some cases may be increasing) finally caused the price of a barrel of oil to drop.  Kuwait was in the midst of an oil worker strike last week, but the strike ended and oil production ramped up to as much as 3 million barrels per day, with further increases possible.

More Fuel Smarts

Illustration with oil wells, dollar bills, and a diesel fuel pump
Fuel Smartsby Deborah LockridgeMarch 24, 2026

Why Diesel Is Climbing Fast—and What the Iran Conflict Has to Do With It

With global oil flows disrupted, U.S. diesel prices have topped $5 across every region, climbing sharply in the past few weeks.

Read More →
Cyberstop column header depicting images related to cybersecurity and rising oil prices
Fleet Managementby Ben WilkensMarch 20, 2026

From Diesel Prices to Cyberattacks: How the Iran War Is Affecting Trucking

The impact of the Iran conflict extends beyond fuel costs, bringing more fraud and cybersecurity risks to the trucking industry.

Read More →
Solar panels on top of a red Class 8 truck sleeper cab
Equipmentby Deborah LockridgeMarch 15, 2026

Vanair Introduces Solar, Battery Power Ecosystem for Class 8 Trucks

The company’s expanded EPEQ ecosystem includes flexible solar panels, lithium batteries, hydraulic power systems, and a portable fast charger for electric trucks.

Read More →
Ad Loading...
HDT Talks Trucking thumbnail saying: NACFE's Messy Middle: Which Fuel Wins?
Fuel SmartsMarch 11, 2026

Run on Less “Messy Middle” Data Shows Multiple Paths for Truck Powertrains [Listen]

Listen as Mike Roeth of the North American Council for Freight Efficiency shares insights into battery-electric trucks, natural gas, biofuels, and clean diesel on this episode of HDT Talks Trucking.

Read More →
YouTube thumbnail with Mike Roeth of NACFE saying "NACFE's Messy Middle: Which Fuel Wins?"
Fuel Smartsby Deborah LockridgeMarch 11, 2026

Run on Less “Messy Middle” Data Shows Multiple Paths Forward for Truck Powertrains [Watch]

NACFE's Run on Less - Messy Middle project demonstrates the power of data in helping to guide the future of alternative fuels and powertrains for heavy-duty trucks.

Read More →
Mike Kucharski, vice president, JKC Trucking.
Fuel Smartsby Jack RobertsMarch 10, 2026

Trucking Executive Warns Fuel Spike from Middle East Conflict Hitting Fleets Fast

Mike Kucharski, vice president of refrigerated carrier JKC Trucking, says diesel price jumps tied to global instability are squeezing carriers already struggling with weak freight rates.

Read More →
Ad Loading...
A mechanic in a workshop leans over the open engine compartment of a large yellow vehicle, inspecting components while holding a tablet.
Sponsoredby Kristy CoffmanMarch 9, 2026

Smarter Maintenance Strategies to Keep Trucks Rolling

In today’s cost-conscious market, fleets are finding new ways to get more value from every truck on the road. See how smarter maintenance strategies can boost uptime, control costs and drive stronger long-term returns.

Read More →
Group of researchers and engineers standing next to an electric heavy-duty truck used in Purdue’s wireless charging project.
Fuel Smartsby News/Media ReleaseFebruary 3, 2026

Researchers Demonstrate Wireless Charging of Electric Heavy-Duty Truck at Highway Speeds

Purdue researchers demonstrated a high-power wireless charging system capable of delivering energy to electric heavy-duty trucks at highway speeds, advancing the concept of electrified roadways for freight transportation.

Read More →
Illustration showing diesel exhaust fluid pump sign and EPA headquarters
Equipmentby Deborah LockridgeFebruary 3, 2026

EPA Wants to Know: Are DEF De-Rates Really Needed for Diesel Emissions Compliance?

The Environmental Protection Agency is asking diesel engine makers to provide information about diesel exhaust fluid system failures as it considers changes to emissions regulations.

Read More →
Ad Loading...
SponsoredFebruary 1, 2026

6 Dashcam Tactics to Improve Safety & ROI

6 intelligent dashcam tactics to improve safety and boost ROI

Read More →