100+ datasets found
  1. Diesel fuel retail prices per month in the U.S. 2020-2025

    • statista.com
    Updated Jun 10, 2025
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    Statista (2025). Diesel fuel retail prices per month in the U.S. 2020-2025 [Dataset]. https://www.statista.com/statistics/204169/retail-prices-of-diesel-fuel-in-the-united-states-since-2009/
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    Dataset updated
    Jun 10, 2025
    Dataset authored and provided by
    Statistahttp://statista.com/
    Time period covered
    Jan 2020 - May 2025
    Area covered
    United States
    Description

    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.

  2. Average gasoline and diesel prices in the U.S. 2022-2025

    • statista.com
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    Statista (2025). Average gasoline and diesel prices in the U.S. 2022-2025 [Dataset]. https://www.statista.com/statistics/1293019/us-daily-average-gas-prices/
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    Dataset authored and provided by
    Statistahttp://statista.com/
    Time period covered
    Apr 18, 2022 - Jun 30, 2025
    Area covered
    United States
    Description

    The average price for regular gasoline in the United States stood at **** U.S. dollars per gallon on June 30, 2025. This compared to a diesel price of **** U.S. dollars per gallon. Prices for gasoline decreased that week following a fall in crude oil prices. 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.

  3. F

    Average Price: Automotive Diesel Fuel (Cost per Gallon/3.785 Liters) in U.S....

    • fred.stlouisfed.org
    json
    Updated Jun 11, 2025
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    (2025). Average Price: Automotive Diesel Fuel (Cost per Gallon/3.785 Liters) in U.S. City Average [Dataset]. https://fred.stlouisfed.org/series/APU000074717
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    jsonAvailable download formats
    Dataset updated
    Jun 11, 2025
    License

    https://fred.stlouisfed.org/legal/#copyright-public-domainhttps://fred.stlouisfed.org/legal/#copyright-public-domain

    Area covered
    United States
    Description

    Graph and download economic data for Average Price: Automotive Diesel Fuel (Cost per Gallon/3.785 Liters) in U.S. City Average (APU000074717) from Jan 1998 to May 2025 about diesel, energy, retail, price, and USA.

  4. Diesel fuel retail prices in the U.S. 1995-2024

    • statista.com
    Updated Mar 27, 2025
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    Statista (2025). Diesel fuel retail prices in the U.S. 1995-2024 [Dataset]. https://www.statista.com/statistics/1185300/diesel-fuel-retail-price-annual-average-us/
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    Dataset updated
    Mar 27, 2025
    Dataset authored and provided by
    Statistahttp://statista.com/
    Area covered
    United States
    Description

    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.

  5. F

    Average Price: Automotive Diesel Fuel (Cost per Gallon/3.785 Liters) in the...

    • fred.stlouisfed.org
    json
    Updated Jun 11, 2025
    + more versions
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    (2025). Average Price: Automotive Diesel Fuel (Cost per Gallon/3.785 Liters) in the Northeast Census Region - Size Class A [Dataset]. https://fred.stlouisfed.org/series/APUS10074717
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    jsonAvailable download formats
    Dataset updated
    Jun 11, 2025
    License

    https://fred.stlouisfed.org/legal/#copyright-public-domainhttps://fred.stlouisfed.org/legal/#copyright-public-domain

    Description

    Graph and download economic data for Average Price: Automotive Diesel Fuel (Cost per Gallon/3.785 Liters) in the Northeast Census Region - Size Class A (APUS10074717) from Jan 1998 to May 2025 about diesel, energy, retail, price, and USA.

  6. Diesel price breakdown by cost composition in the U.S. 2020-2025

    • statista.com
    • ai-chatbox.pro
    Updated May 2, 2025
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    Statista (2025). Diesel price breakdown by cost composition in the U.S. 2020-2025 [Dataset]. https://www.statista.com/statistics/653066/breakdown-of-the-united-states-diesel-price-by-expense/
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    Dataset updated
    May 2, 2025
    Dataset authored and provided by
    Statistahttp://statista.com/
    Area covered
    United States
    Description

    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.

  7. f

    UK Fuel Prices Dataset

    • fleetnews.co.uk
    web interactive
    Updated May 29, 2010
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    Allstar (2010). UK Fuel Prices Dataset [Dataset]. https://www.fleetnews.co.uk/costs/fuel-prices/
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    web interactiveAvailable download formats
    Dataset updated
    May 29, 2010
    Dataset authored and provided by
    Allstar
    Variables measured
    Pence per Litre, Pence per Gallon
    Description

    A dataset of average pence per litre and per gallon petrol and diesel fuel prices in the UK regions including England, Scotland, Wales, and Northern Ireland.

  8. F

    US Diesel Sales Price

    • fred.stlouisfed.org
    json
    Updated Jun 24, 2025
    + more versions
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    (2025). US Diesel Sales Price [Dataset]. https://fred.stlouisfed.org/series/GASDESW
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    jsonAvailable download formats
    Dataset updated
    Jun 24, 2025
    License

    https://fred.stlouisfed.org/legal/#copyright-public-domainhttps://fred.stlouisfed.org/legal/#copyright-public-domain

    Area covered
    United States
    Description

    Graph and download economic data for US Diesel Sales Price (GASDESW) from 1994-03-21 to 2025-06-23 about diesel, sales, commodities, and USA.

  9. D

    Dominican Republic Diesel prices - data, chart | TheGlobalEconomy.com

    • theglobaleconomy.com
    csv, excel, xml
    Updated Dec 28, 2016
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    Globalen LLC (2016). Dominican Republic Diesel prices - data, chart | TheGlobalEconomy.com [Dataset]. www.theglobaleconomy.com/Dominican-Republic/diesel_prices/
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    xml, excel, csvAvailable download formats
    Dataset updated
    Dec 28, 2016
    Dataset authored and provided by
    Globalen LLC
    License

    Attribution 4.0 (CC BY 4.0)https://creativecommons.org/licenses/by/4.0/
    License information was derived automatically

    Time period covered
    Dec 31, 1995 - Dec 31, 2016
    Area covered
    Dominican Republic
    Description

    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.

  10. Monthly average retail prices for gasoline and fuel oil, by geography

    • www150.statcan.gc.ca
    • open.canada.ca
    • +1more
    Updated Jun 24, 2025
    + more versions
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    Government of Canada, Statistics Canada (2025). Monthly average retail prices for gasoline and fuel oil, by geography [Dataset]. http://doi.org/10.25318/1810000101-eng
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    Dataset updated
    Jun 24, 2025
    Dataset provided by
    Statistics Canadahttps://statcan.gc.ca/en
    Area covered
    Canada
    Description

    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.

  11. d

    Diesel Retail Price Weekly Average by Region: Beginning January 2017

    • catalog.data.gov
    • data.ny.gov
    Updated Jun 28, 2025
    + more versions
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    data.ny.gov (2025). Diesel Retail Price Weekly Average by Region: Beginning January 2017 [Dataset]. https://catalog.data.gov/dataset/diesel-retail-price-weekly-average-by-region-beginning-2007
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    Dataset updated
    Jun 28, 2025
    Dataset provided by
    data.ny.gov
    Description

    Diesel retail prices weekly average by region dataset provides the weekly average retail diesel prices for New York State and eight New York metropolitan regions in U.S. dollars per gallon. Data is a weekly average from January 2017 through current. Average daily retail diesel prices are collected from the American Automobile Association (AAA) Daily Fuel Gauge Report. The AAA Daily Fuel Gauge Report prices are averaged to produce a weekly average retail price for New York State and each metropolitan region. The New York State metropolitan regions in the dataset are Albany (Albany-Schenectady-Troy), Batavia, Binghamton, Buffalo (Buffalo-Niagara Falls), Dutchess (Dutchess-Putnam), Elmira, Glens Falls, Ithaca, Kingston, Nassau (Nassau-Suffolk), New York City, Rochester, Syracuse, Utica (Utica-Rome), Watertown (Watertown-Fort Drum), and White Plains. The New York State Energy Research and Development Authority (NYSERDA) offers objective information and analysis, innovative programs, technical expertise, and support to help New Yorkers increase energy efficiency, save money, use renewable energy, and reduce reliance on fossil fuels. To learn more about NYSERDA’s programs, visit https://nyserda.ny.gov or follow us on X, Facebook, YouTube, or Instagram.

  12. G

    Germany DE: Pump Price for Diesel Fuel: USD per Liter

    • ceicdata.com
    Updated Feb 15, 2025
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    CEICdata.com (2025). Germany DE: Pump Price for Diesel Fuel: USD per Liter [Dataset]. https://www.ceicdata.com/en/germany/transportation/de-pump-price-for-diesel-fuel-usd-per-liter
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    Dataset updated
    Feb 15, 2025
    Dataset provided by
    CEICdata.com
    License

    Attribution 4.0 (CC BY 4.0)https://creativecommons.org/licenses/by/4.0/
    License information was derived automatically

    Time period covered
    Dec 1, 1995 - Dec 1, 2016
    Area covered
    Germany
    Variables measured
    Vehicle Traffic
    Description

    Germany DE: Pump Price for Diesel Fuel: USD per Liter data was reported at 1.200 USD in 2016. This records a decrease from the previous number of 1.580 USD for 2014. Germany DE: Pump Price for Diesel Fuel: USD per Liter data is updated yearly, averaging 1.290 USD from Dec 1995 (Median) to 2016, with 11 observations. The data reached an all-time high of 1.880 USD in 2012 and a record low of 0.690 USD in 1998. Germany DE: Pump Price for Diesel Fuel: USD per Liter data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Germany – Table DE.World Bank.WDI: Transportation. Fuel prices refer to the pump prices of the most widely sold grade of diesel fuel. Prices have been converted from the local currency to U.S. dollars.;German Agency for International Cooperation (GIZ).;Median;

  13. T

    United States - Ultra-Low-Sulfur No. 2 Diesel Fuel Prices: U.S. Gulf Coast

    • tradingeconomics.com
    csv, excel, json, xml
    Updated Mar 1, 2021
    + more versions
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    TRADING ECONOMICS (2021). United States - Ultra-Low-Sulfur No. 2 Diesel Fuel Prices: U.S. Gulf Coast [Dataset]. https://tradingeconomics.com/united-states/ultra-low-sulfur-no-2-diesel-fuel-prices-u-s-gulf-coast-dollar-per-gallon-nsa-yearly-fed-data.html
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    excel, json, xml, csvAvailable download formats
    Dataset updated
    Mar 1, 2021
    Dataset authored and provided by
    TRADING ECONOMICS
    License

    Attribution 4.0 (CC BY 4.0)https://creativecommons.org/licenses/by/4.0/
    License information was derived automatically

    Time period covered
    Jan 1, 1976 - Dec 31, 2025
    Area covered
    United States
    Description

    United States - Ultra-Low-Sulfur No. 2 Diesel Fuel Prices: U.S. Gulf Coast was 2.36500 $ per Gallon in January of 2024, according to the United States Federal Reserve. Historically, United States - Ultra-Low-Sulfur No. 2 Diesel Fuel Prices: U.S. Gulf Coast reached a record high of 3.50900 in January of 2022 and a record low of 1.19500 in January of 2020. Trading Economics provides the current actual value, an historical data chart and related indicators for United States - Ultra-Low-Sulfur No. 2 Diesel Fuel Prices: U.S. Gulf Coast - last updated from the United States Federal Reserve on June of 2025.

  14. H

    Honduras Diesel prices - data, chart | TheGlobalEconomy.com

    • theglobaleconomy.com
    csv, excel, xml
    Updated Nov 30, 2016
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    Globalen LLC (2016). Honduras Diesel prices - data, chart | TheGlobalEconomy.com [Dataset]. www.theglobaleconomy.com/Honduras/diesel_prices/
    Explore at:
    csv, excel, xmlAvailable download formats
    Dataset updated
    Nov 30, 2016
    Dataset authored and provided by
    Globalen LLC
    License

    Attribution 4.0 (CC BY 4.0)https://creativecommons.org/licenses/by/4.0/
    License information was derived automatically

    Time period covered
    Dec 31, 1992 - Dec 31, 2016
    Area covered
    Honduras
    Description

    Honduras: Diesel prices at the pump, in dollars per liter: The latest value from 2016 is 0.8 dollars, a decline from 1.03 dollars in 2014. In comparison, the world average is 0.87 dollars, based on data from 160 countries. Historically, the average for Honduras from 1992 to 2016 is 0.65 dollars. The minimum value, 0.25 dollars, was reached in 1995 while the maximum of 1.15 dollars was recorded in 2012.

  15. T

    United States - Ultra-Low-Sulfur No. 2 Diesel Fuel Prices: Los Angeles

    • tradingeconomics.com
    csv, excel, json, xml
    Updated Apr 21, 2020
    + more versions
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    TRADING ECONOMICS (2020). United States - Ultra-Low-Sulfur No. 2 Diesel Fuel Prices: Los Angeles [Dataset]. https://tradingeconomics.com/united-states/ultra-low-sulfur-no-2-diesel-fuel-prices-los-angeles-dollar-per-gallon-nsa-fed-data.html
    Explore at:
    json, csv, xml, excelAvailable download formats
    Dataset updated
    Apr 21, 2020
    Dataset authored and provided by
    TRADING ECONOMICS
    License

    Attribution 4.0 (CC BY 4.0)https://creativecommons.org/licenses/by/4.0/
    License information was derived automatically

    Time period covered
    Jan 1, 1976 - Dec 31, 2025
    Area covered
    United States
    Description

    United States - Ultra-Low-Sulfur No. 2 Diesel Fuel Prices: Los Angeles was 2.27600 $ per Gallon in June of 2025, according to the United States Federal Reserve. Historically, United States - Ultra-Low-Sulfur No. 2 Diesel Fuel Prices: Los Angeles reached a record high of 4.56300 in June of 2022 and a record low of 0.37900 in February of 1999. Trading Economics provides the current actual value, an historical data chart and related indicators for United States - Ultra-Low-Sulfur No. 2 Diesel Fuel Prices: Los Angeles - last updated from the United States Federal Reserve on June of 2025.

  16. I

    Ireland Diesel prices - data, chart | TheGlobalEconomy.com

    • theglobaleconomy.com
    csv, excel, xml
    Updated Apr 27, 2015
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    Globalen LLC (2015). Ireland Diesel prices - data, chart | TheGlobalEconomy.com [Dataset]. www.theglobaleconomy.com/Ireland/diesel_prices/
    Explore at:
    excel, csv, xmlAvailable download formats
    Dataset updated
    Apr 27, 2015
    Dataset authored and provided by
    Globalen LLC
    License

    Attribution 4.0 (CC BY 4.0)https://creativecommons.org/licenses/by/4.0/
    License information was derived automatically

    Time period covered
    Dec 31, 1995 - Dec 31, 2016
    Area covered
    Ireland
    Description

    Ireland: Diesel prices at the pump, in dollars per liter: The latest value from 2016 is 1.29 dollars, a decline from 1.84 dollars in 2014. In comparison, the world average is 0.87 dollars, based on data from 160 countries. Historically, the average for Ireland from 1995 to 2016 is 1.32 dollars. The minimum value, 0.72 dollars, was reached in 2000 while the maximum of 1.98 dollars was recorded in 2012.

  17. M

    Mali Diesel prices - data, chart | TheGlobalEconomy.com

    • theglobaleconomy.com
    csv, excel, xml
    Updated Nov 27, 2016
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    Globalen LLC (2016). Mali Diesel prices - data, chart | TheGlobalEconomy.com [Dataset]. www.theglobaleconomy.com/Mali/diesel_prices/
    Explore at:
    excel, csv, xmlAvailable download formats
    Dataset updated
    Nov 27, 2016
    Dataset authored and provided by
    Globalen LLC
    License

    Attribution 4.0 (CC BY 4.0)https://creativecommons.org/licenses/by/4.0/
    License information was derived automatically

    Time period covered
    Dec 31, 1991 - Dec 31, 2016
    Area covered
    Mali
    Description

    Mali: Diesel prices at the pump, in dollars per liter: The latest value from 2016 is 0.98 dollars, a decline from 1.29 dollars in 2014. In comparison, the world average is 0.87 dollars, based on data from 160 countries. Historically, the average for Mali from 1991 to 2016 is 0.87 dollars. The minimum value, 0.43 dollars, was reached in 2000 while the maximum of 1.29 dollars was recorded in 2014.

  18. A

    Azerbaijan AZ: Pump Price for Diesel Fuel: USD per Liter

    • ceicdata.com
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    CEICdata.com, Azerbaijan AZ: Pump Price for Diesel Fuel: USD per Liter [Dataset]. https://www.ceicdata.com/en/azerbaijan/transportation/az-pump-price-for-diesel-fuel-usd-per-liter
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    Dataset provided by
    CEICdata.com
    License

    Attribution 4.0 (CC BY 4.0)https://creativecommons.org/licenses/by/4.0/
    License information was derived automatically

    Time period covered
    Dec 1, 1998 - Dec 1, 2016
    Area covered
    Azerbaijan
    Variables measured
    Vehicle Traffic
    Description

    Azerbaijan Pump Price for Diesel Fuel: USD per Liter data was reported at 0.350 USD in 2016. This records a decrease from the previous number of 0.770 USD for 2014. Azerbaijan Pump Price for Diesel Fuel: USD per Liter data is updated yearly, averaging 0.380 USD from Dec 1998 (Median) to 2016, with 10 observations. The data reached an all-time high of 0.770 USD in 2014 and a record low of 0.160 USD in 2002. Azerbaijan Pump Price for Diesel Fuel: USD per Liter data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Azerbaijan – Table AZ.World Bank.WDI: Transportation. Fuel prices refer to the pump prices of the most widely sold grade of diesel fuel. Prices have been converted from the local currency to U.S. dollars.;German Agency for International Cooperation (GIZ).;Median;

  19. Diesel fuel spot prices per month in the U.S. 2023-2025, by region

    • statista.com
    Updated Jan 15, 2023
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    Statista (2023). Diesel fuel spot prices per month in the U.S. 2023-2025, by region [Dataset]. https://www.statista.com/statistics/1105344/spot-prices-of-diesel-fuel-in-the-united-states/
    Explore at:
    Dataset updated
    Jan 15, 2023
    Dataset authored and provided by
    Statistahttp://statista.com/
    Time period covered
    Jan 2023 - Apr 2025
    Area covered
    United States
    Description

    In April 2025, the New York Harbor diesel fuel price was approximately 2.13 U.S. dollars per gallon. This was notably lower than the price recorded the previous year and a result of lower crude oil prices. The spot prices of Los Angeles, California ultra-low-sulfur No. 2 diesel fuel tended to be the highest in the period shown. California drivers experience some of the country's highest gasoline and diesel prices as it is among the U.S. states with the highest gas tax.

  20. F

    Average Price: Automotive Diesel Fuel (Cost per Gallon/3.785 Liters) in the...

    • fred.stlouisfed.org
    json
    Updated Jun 11, 2025
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    (2025). Average Price: Automotive Diesel Fuel (Cost per Gallon/3.785 Liters) in the Mountain Census Division [Dataset]. https://fred.stlouisfed.org/series/APU048074717
    Explore at:
    jsonAvailable download formats
    Dataset updated
    Jun 11, 2025
    License

    https://fred.stlouisfed.org/legal/#copyright-public-domainhttps://fred.stlouisfed.org/legal/#copyright-public-domain

    Description

    Graph and download economic data for Average Price: Automotive Diesel Fuel (Cost per Gallon/3.785 Liters) in the Mountain Census Division (APU048074717) from Jan 2018 to May 2025 about diesel, energy, retail, price, and USA.

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Statista (2025). Diesel fuel retail prices per month in the U.S. 2020-2025 [Dataset]. https://www.statista.com/statistics/204169/retail-prices-of-diesel-fuel-in-the-united-states-since-2009/
Organization logo

Diesel fuel retail prices per month in the U.S. 2020-2025

Explore at:
5 scholarly articles cite this dataset (View in Google Scholar)
Dataset updated
Jun 10, 2025
Dataset authored and provided by
Statistahttp://statista.com/
Time period covered
Jan 2020 - May 2025
Area covered
United States
Description

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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