ProMiles says national diesel average up for first time in a month

This week’s ProMiles.com report shows diesel prices broke a streak of four consecutive weeks of decline, but just barely.

According to ProMiles, the national average increased by one-tenth of a cent per gallon of diesel and is now $4.438.

ProMiles produces a report that is similar to one published weekly by the federal Energy Information Administration. A key difference between the two reports is the type and number of fueling stations used to calculate averages. While ProMiles uses its direct feed from thousands of truck stops to develop its averages, EIA surveys 400 truck stops and convenience stores nationwide. Like ProMiles, EIA gives the average price of diesel for the previous week.

Contrary to the national average, most regions were down, including by 8.6 cents in the California region and by more than 6 cents each in the West Coast without California and West Coast regions.

Five other regions also reported a decline, with the only increases coming in the Midwest (3.6 cents) and Rocky Mountain (1.9 cents) regions.

With a price per gallon of $4.109, the Gulf Coast region reported the lowest average this week.

The most expensive gallon of diesel was $6.191 in California.

The average U.S. price for a gallon of diesel on Monday, Oct. 23 as reported by ProMiles.com:

• U.S. – $4.438, up one-tenth of a cent
• East Coast – $4.401, down 2 cents
• New England – $4.523, down 1.7 cents
• Central Atlantic – $4.632, down 1 cent
• Lower Atlantic – $4.252, down 2.5 cents
• Midwest – $4.293, up 3.6 cents
• Gulf Coast – $4.109, down seven-tenths of a cent
• Rocky Mountain – $4.561, up 1.9 cents
• West Coast – $5.635, down 6.2 cents
• West Coast without California – $4.949, down 6.4 cents
• California – $6.191, down 8.6 cents

Click here to view ProMiles fuel data averaged by state.

AAA reported the retail average U.S. price per gallon of diesel at $3.549 for Monday, Oct. 23. A week ago, the average retail U.S. price was $3.584 per gallon.

A month ago, AAA reported $3.847 per gallon of diesel, and a year ago $3.793 per gallon. The highest recorded retail average U.S. diesel price was $5.816 per gallon on June 19, 2022.

EIA’s Monday, Oct. 23 report showed the national price per gallon for diesel increased by 10.1 cents to $4.545.

That national average for this past week was 79.6 cents less than it was one year ago.

Several regions saw stark increases, including by 25 cents in the Midwest, 9 cents in the Rocky Mountain region and more than 7 cents in the Gulf Coast – which had the lowest average price of any region ($4.186).

The largest decline (10.3 cents) was reported in California. The West Coast region saw its average price drop by 6 cents, while the West Coast less California region was down by just over 2 cents.

Four regions had a change in price of less than 1 cent.

The average U.S. price for a gallon of diesel on Monday, Oct. 23 as reported by EIA:

• U.S. – $4.545, up 10.1 cents
• East Coast – $4.408, up two-fifths of a cent
• New England – $4.551, down three-fifths of a cent
• Central Atlantic – $4.668, down two-fifths of a cent
• Lower Atlantic – $4.299, up nine-tenths of a cent
• Midwest – $4.554, up 25 cents
• Gulf Coast – $4.186, up 7.2 cents
• Rocky Mountain – $4.754, up 9 cents
• West Coast – $5.468, down 6 cents
• West Coast less California – $4.988, down 2.2 cents
• California – $6.016, down 10.3 cents LL

Last week’s fuel report is here.