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Graph and download economic data for US Diesel Sales Price (GASDESW) from 1994-03-21 to 2025-07-07 about diesel, sales, commodities, and USA.
In May 2025, one gallon of diesel cost an average of 3.5 U.S. dollars in the United States. That was a decrease compared to the month prior, and also lower than prices in May 2024. Impact of crude prices on motor fuel consumer prices Diesel prices are primarily determined by the cost of crude oil. In fact, crude oil regularly accounts for around 50 percent of end consumer prices of diesel. As such, supply restrictions or weak demand outlooks influence prices at the pump. The fall in diesel prices noted in the latter half of 2024 is a reflection of lower crude prices. Diesel and gasoline price development The usage of distillate fuel oil began in the 1930s, but until further development in the 1960s, diesel vehicles were mostly applied to commercial use only. In the U.S., diesel-powered cars remain a fairly small portion of the automobile market and diesel consumption is far lower than gasoline consumption. In general, gasoline also tends to be more widely available than diesel fuel and usually sells for a lower retail price. However, diesel engines have better fuel economy than gasoline engines, and, as such, tend to be used for large commercial vehicles.
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Gasoline rose to 2.19 USD/Gal on July 11, 2025, up 1.65% from the previous day. Over the past month, Gasoline's price has risen 1.03%, but it is still 12.72% lower than a year ago, according to trading on a contract for difference (CFD) that tracks the benchmark market for this commodity. Gasoline - values, historical data, forecasts and news - updated on July of 2025.
The cost of diesel fuel in the United States reached an annual average of 3.76 U.S. dollars per gallon in 2024. This was a decrease compared to the previous year, when diesel sold for an average of 4.21 U.S. dollars per gallon. In 2022, increased economic activity and thus fuel demand combined with supply constraints following the Russia-Ukraine war, which resulted in a notable rise in monthly diesel prices Crude oil prices and their impact on motor fuel prices Motor fuel prices largely mirror major oil benchmarks, such as the OPEC reference basket, WTI, and Brent. As such, the oil glut in 2015 and 2016, which followed years of increased oil production output by the U.S., is largely responsible for the fall in diesel prices seen in those years. The same is true for the 2020 pandemic-induced oil crisis and fall in benchmarks that year. Diesel and gasoline price development The usage of diesel began in the 1930s, but until further development in the 1960s, diesel vehicles were mostly used commercially. In the U.S., diesel-powered cars remain a fairly small portion of the automobile market and diesel fuel consumption is far lower than gasoline consumption. In general, gasoline also tends to be more widely available than diesel fuel and usually sells for a lower retail price. However, diesel engines have better fuel economy than gasoline engines, and as such are often used for large commercial vehicles.
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United States - US Diesel Sales Price was 3.76000 $ per Gallon in January of 2024, according to the United States Federal Reserve. Historically, United States - US Diesel Sales Price reached a record high of 4.98900 in January of 2022 and a record low of 1.04400 in January of 1998. Trading Economics provides the current actual value, an historical data chart and related indicators for United States - US Diesel Sales Price - last updated from the United States Federal Reserve on July of 2025.
Weekly on-highway diesel prices (dollars per gallon) from the Department of Energy's Energy Information Administration. This data includes the average diesel fuel price for the U.S. and five Petroleum Administration for Defense Districts (PADDs) (including PADD subcomponents). There are ten variables in total: "U.S."; "East Coast" (PADD1), broken out further by "New England" (PADD1A), "Central Atlantic" (PADD1B), and "Lower Atlantic" (PADD1C); "Midwest" (PADD2); "Gulf Coast" (PADD3); "Rocky Mountain" (PADD4); and "West Coast" (PADD5), broken out further by "West Coast excluding California" and "California." See link below for the states included in each region.
The average price for regular gasoline in the United States stood at **** U.S. dollars per gallon on July 14, 2025. This compared to a diesel price of **** U.S. dollars per gallon. Prices for gasoline and diesel increased that week following greater demand. Real price surge of 2022 and 2023 still below 2011 to 2014 prices When looking at the real price of gasoline over time, U.S. drivers had to pay notably more in the years between 2011 and 2014. The surge in prices noted throughout 2022 and partly for 2023, which followed supply constraints, was still lower in terms of real U.S. dollars. U.S. on the lower-end spectrum of worldwide motor fuel prices The U.S. has some of the lowest conventional motor fuel prices in the world. Although fuel prices are usually higher in high-income countries, the U.S. profits from its position as the world’s largest crude oil producer and can keep retail prices for oil products comparatively low. For example, among high-income countries, prices for automotive premium gasoline (RON 95) were only lower in Russia and Saudi Arabia - countries where crude oil and oil product exports are in part restricted by sanctions, thus keeping domestic supply high.
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Get comprehensive insights into the Diesel market, with a focused analysis of the Diesel price trend across Asia, Europe, North America, Latin America, and the Middle East Africa.
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Saudi Arabia: Diesel prices at the pump, in dollars per liter: The latest value from 2016 is 0.12 dollars, an increase from 0.07 dollars in 2014. In comparison, the world average is 0.87 dollars, based on data from 160 countries. Historically, the average for Saudi Arabia from 1995 to 2016 is 0.09 dollars. The minimum value, 0.07 dollars, was reached in 2006 while the maximum of 0.12 dollars was recorded in 2016.
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Diesel prices in the USA followed a largely upward trend during Q1 2025, with prices closing higher compared to the previous quarter despite some fluctuations in March. In January, prices rose due to increased heating fuel demand driven by winter storm Enzo and strong domestic consumption. However, warmer weather forecasts later in the month softened demand, overall market sentiment remained firm, supported by reduced inventories and refinery constraints. February saw a further price increase as cold temperatures in the Northeast intensified heating oil usage, and maintenance at key refineries tightened domestic supply.
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India: Diesel prices at the pump, in dollars per liter: The latest value from 2016 is 0.81 dollars, a decline from 0.91 dollars in 2014. In comparison, the world average is 0.87 dollars, based on data from 160 countries. Historically, the average for India from 1991 to 2016 is 0.58 dollars. The minimum value, 0.19 dollars, was reached in 1995 while the maximum of 0.91 dollars was recorded in 2014.
Crude oil is the greatest cost component determining diesel retail prices in the United States. In February 2025, 49 percent of the diesel retail price was set by crude oil costs. That month, one gallon of diesel sold for an average of 3.68 U.S. dollars. U.S. diesel prices have generally stagnated in early 2025. Fuel consumption remains high despite higher prices Diesel and gasoline prices have experienced significant fluctuations over the past decades. In 2024, the average gasoline price stood at 3.3 U.S. dollars per gallon, a decrease from the 2022 peak but still higher than early 2000s levels. Despite these changes, U.S. gasoline consumption has remained high, averaging around 8.5 million barrels per day in 2024, with seasonal variations affecting demand. Tax impact on fuel costs across states Taxes play a significant role in determining fuel prices, with state-level differences creating notable price variations across the country. As of 2023, the average state tax for gasoline was 30.5 U.S. cents per gallon, while diesel faced a slightly higher average tax of 33.15 U.S. cents. These taxes contribute to the overall retail price and are often reinvested in road infrastructure. California, for instance, imposes some of the highest gasoline taxes in the country, reaching 68.1 U.S. cents per gallon in January 2024, which significantly impacts the state's fuel prices.
Monthly average retail prices for gasoline and fuel oil for Canada, selected provincial cities, Whitehorse and Yellowknife. Prices are presented for the current month and previous four months. Includes fuel type and the price in cents per litre.
Diesel prices in the United Kingdom rose to more than *** pence per liter in early 2024. The March national average was ***** pence per liter, compared with a price of ***** pence per liter for diesel sold at supermarkets. Hypermarkets dominate motor fuel sales Hypermarkets such as Sainsbury's, Asda, and Tesco have the greatest market share of motor fuel sold in the UK. In 2023, roughly ** percent of all motor fuels were sold at hypermarkets. Diesel more expensive than regular gasoline Although gasoline and diesel are both refined petroleum products, their refining process differs, thus also impacting manufacturing and retail prices. Diesel sold in the UK is required to have an ultra-low sulfur content and also contain a biodiesel component of seven percent. The extra steps required in the production process make diesel a more expensive commodity than gasoline, which trades around ** pence lower.
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Sri Lanka: Diesel prices at the pump, in dollars per liter: The latest value from 2016 is 0.65 dollars, a decline from 0.9 dollars in 2014. In comparison, the world average is 0.87 dollars, based on data from 160 countries. Historically, the average for Sri Lanka from 1991 to 2016 is 0.52 dollars. The minimum value, 0.23 dollars, was reached in 1995 while the maximum of 0.93 dollars was recorded in 2012.
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Nigeria Average Fuel Price: Diesel data was reported at 225.086 l in Jan 2019. This records an increase from the previous number of 221.564 l for Dec 2018. Nigeria Average Fuel Price: Diesel data is updated monthly, averaging 200.610 l from Jun 2015 (Median) to Jan 2019, with 44 observations. The data reached an all-time high of 249.378 l in Feb 2017 and a record low of 145.569 l in Jul 2015. Nigeria Average Fuel Price: Diesel data remains active status in CEIC and is reported by National Bureau of Statistics of the Federal Republic of Nigeria. The data is categorized under Global Database’s Nigeria – Table NG.P003: Average Fuel Price.
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Dominican Republic: Diesel prices at the pump, in dollars per liter: The latest value from 2016 is 0.91 dollars, a decline from 1.21 dollars in 2014. In comparison, the world average is 0.87 dollars, based on data from 160 countries. Historically, the average for Dominican Republic from 1995 to 2016 is 0.72 dollars. The minimum value, 0.22 dollars, was reached in 1998 while the maximum of 1.35 dollars was recorded in 2012.
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Mozambique: Diesel prices at the pump, in dollars per liter: The latest value from 2016 is 0.6 dollars, a decline from 1.2 dollars in 2014. In comparison, the world average is 0.87 dollars, based on data from 160 countries. Historically, the average for Mozambique from 1991 to 2016 is 0.71 dollars. The minimum value, 0.21 dollars, was reached in 1992 while the maximum of 1.37 dollars was recorded in 2008.
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Haiti: Diesel prices at the pump, in dollars per liter: The latest value from 2016 is 0.62 dollars, a decline from 0.94 dollars in 2014. In comparison, the world average is 0.87 dollars, based on data from 160 countries. Historically, the average for Haiti from 1998 to 2016 is 0.64 dollars. The minimum value, 0.3 dollars, was reached in 2002 while the maximum of 1.03 dollars was recorded in 2012.
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Graph and download economic data for Ultra-Low-Sulfur No. 2 Diesel Fuel Prices: U.S. Gulf Coast (DDFUELUSGULF) from 2006-06-14 to 2025-07-07 about diesel, fuels, commodities, and USA.
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Graph and download economic data for US Diesel Sales Price (GASDESW) from 1994-03-21 to 2025-07-07 about diesel, sales, commodities, and USA.