Diesel Prices Drop 4.9¢ to $3.487 a Gallon; Volatility Continues

The national average diesel price reversed last week’s increase, dropping 4.9 cents to $3.487 per gallon, according to data released May 28 by the U.S. Energy Information Administration.

This follows a 6-cent increase the week prior, which had interrupted a five-week stretch of consecutive declines totaling 16.3 cents. Diesel is now 27.1 cents cheaper on average than during the same period in 2024.

“Diesel’s price movement continues to reflect broader volatility in energy markets, with regional shifts offering insight into localized demand and supply dynamics,” according to the EIA report.

Here are the current diesel prices:

Gasoline Update:

• National average gasoline price declined 1.3 cents to $3.160 per gallon.
• The price is 41.7 cents lower than the same time last year.

Source: Transport Topics