100+ datasets found
  1. 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.

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

    • statista.com
    Updated Jul 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
    Jul 10, 2025
    Dataset authored and provided by
    Statistahttp://statista.com/
    Time period covered
    Jan 2020 - Jun 2025
    Area covered
    United States
    Description

    In June 2025, one gallon of diesel cost an average of 3.6 U.S. dollars in the United States. That was an increase compared to the month prior, but lower than prices in June 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.

  3. Weekly On-Highway Diesel Fuel Prices

    • agtransport.usda.gov
    application/rdfxml +5
    Updated Aug 5, 2025
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    Energy Information Administration (2025). Weekly On-Highway Diesel Fuel Prices [Dataset]. https://agtransport.usda.gov/Fuel/Weekly-On-Highway-Diesel-Fuel-Prices/x88w-atzp
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    xml, tsv, csv, application/rssxml, application/rdfxml, jsonAvailable download formats
    Dataset updated
    Aug 5, 2025
    Dataset authored and provided by
    Energy Information Administrationhttp://www.eia.gov/
    Description

    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.

  4. F

    US Diesel Sales Price

    • fred.stlouisfed.org
    json
    Updated Aug 5, 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
    Aug 5, 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 2025-08-04 about diesel, sales, commodities, and USA.

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

    • www150.statcan.gc.ca
    • open.canada.ca
    • +1more
    Updated Jul 15, 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
    Jul 15, 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.

  6. d

    Gasoline Price Data USA | Coverage 90%+ | Regular, Diesel, Midgrade, ... |...

    • datarade.ai
    .json, .xml
    Updated Nov 28, 2023
    + more versions
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    xavvy (2023). Gasoline Price Data USA | Coverage 90%+ | Regular, Diesel, Midgrade, ... | Cash and Credit Prices | multiple updates daily | API [Dataset]. https://datarade.ai/data-products/xavvy-fuel-prices-api-usa-data-for-regular-diesel-midgra-xavvy
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    .json, .xmlAvailable download formats
    Dataset updated
    Nov 28, 2023
    Dataset authored and provided by
    xavvy
    Area covered
    United States of America
    Description

    Xavvy fuel is the leading source for Gas Station Location Data and Gasoline Price data worldwide and specialized in data quality and enrichment. We provide gasoline and diesel price data for more than 131'000 stations across the US.

    Thanks to our fuel prices, you assist your customers in finding the best gas and diesel prices at gas stations to optimize their fuel costs and minimize their CO2 emissions.

    Moreover, our price data supports customers from various sectors to gain more valuable insights on the fuel market and its development. In addition, they form an unparalleled basis for strategic decisions like pricing or expansion.

    At the same time, due to high price coverage and accuracy, suppliers such as navigation software manufacturers can increase their market share and profit margins by significantly improving the customer experience.

    • Supported Fuel Types: Diesel, Regular, Midgrade, premium fuels, DEF, Hydrogen etc. • Price types: Cash and Credit card prices available • Information Scope: highly customizable to customer’s needs. • Extension: (weighted) average prices or forecasts

    Check out our other Data Offerings available, and gain more valuable market insights on gas stations directly from the experts!

  7. Fuel Prices - On-highway Diesel

    • s.cnmilf.com
    • odgavaprod.ogopendata.com
    • +1more
    Updated Jan 3, 2025
    + more versions
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    Bureau of Transportation Statistics (2025). Fuel Prices - On-highway Diesel [Dataset]. https://s.cnmilf.com/user74170196/https/catalog.data.gov/dataset/fuel-prices-on-highway-diesel
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    Dataset updated
    Jan 3, 2025
    Dataset provided by
    Bureau of Transportation Statisticshttp://www.rita.dot.gov/bts
    Description

    On-highway diesel price is the average retail price for diesel used in motor vehicles. The U.S. Energy Information Administration releases weekly gasoline and diesel price estimates.

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

    • statista.com
    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.

  9. 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
    CEIC Data
    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;

  10. Colombia CO: Pump Price for Diesel Fuel: USD per Liter

    • ceicdata.com
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    CEICdata.com, Colombia CO: Pump Price for Diesel Fuel: USD per Liter [Dataset]. https://www.ceicdata.com/en/colombia/transportation/co-pump-price-for-diesel-fuel-usd-per-liter
    Explore at:
    Dataset provided by
    CEIC Data
    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, 1992 - Dec 1, 2016
    Area covered
    Colombia
    Variables measured
    Vehicle Traffic
    Description

    Colombia CO: Pump Price for Diesel Fuel: USD per Liter data was reported at 0.640 USD in 2016. This records a decrease from the previous number of 1.040 USD for 2014. Colombia CO: Pump Price for Diesel Fuel: USD per Liter data is updated yearly, averaging 0.465 USD from Dec 1992 (Median) to 2016, with 12 observations. The data reached an all-time high of 1.180 USD in 2012 and a record low of 0.190 USD in 1992. Colombia CO: 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 Colombia – Table CO.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;

  11. Poland PL: Pump Price for Diesel Fuel: USD per Liter

    • ceicdata.com
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    CEICdata.com, Poland PL: Pump Price for Diesel Fuel: USD per Liter [Dataset]. https://www.ceicdata.com/en/poland/transportation/pl-pump-price-for-diesel-fuel-usd-per-liter
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    Dataset provided by
    CEIC Data
    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
    Poland
    Variables measured
    Vehicle Traffic
    Description

    Poland PL: Pump Price for Diesel Fuel: USD per Liter data was reported at 1.040 USD in 2016. This records a decrease from the previous number of 1.390 USD for 2014. Poland PL: Pump Price for Diesel Fuel: USD per Liter data is updated yearly, averaging 1.090 USD from Dec 1995 (Median) to 2016, with 11 observations. The data reached an all-time high of 1.730 USD in 2012 and a record low of 0.420 USD in 1995. Poland PL: 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 Poland – Table PL.World Bank: 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;

  12. Russia Average World Price: Diesel Fuel (Gasoil)

    • ceicdata.com
    Updated Jan 15, 2025
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    CEICdata.com (2025). Russia Average World Price: Diesel Fuel (Gasoil) [Dataset]. https://www.ceicdata.com/en/russia/average-world-prices-crude-oil-export-price-crude-oil-export-duty/average-world-price-diesel-fuel-gasoil
    Explore at:
    Dataset updated
    Jan 15, 2025
    Dataset provided by
    CEIC Data
    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, 2017 - Dec 1, 2018
    Area covered
    Russia
    Variables measured
    Trade Prices
    Description

    Russia Average World Price: Diesel Fuel (Gasoil) data was reported at 556.400 USD/Ton in Dec 2018. This records a decrease from the previous number of 644.300 USD/Ton for Nov 2018. Russia Average World Price: Diesel Fuel (Gasoil) data is updated monthly, averaging 654.000 USD/Ton from Jan 2009 (Median) to Dec 2018, with 119 observations. The data reached an all-time high of 1,030.100 USD/Ton in Mar 2012 and a record low of 292.500 USD/Ton in Jan 2016. Russia Average World Price: Diesel Fuel (Gasoil) data remains active status in CEIC and is reported by Ministry of Finance of the Russian Federation. The data is categorized under Global Database’s Russian Federation – Table RU.PC002: Average World Prices, Crude Oil Export Price, Crude Oil Export Duty.

  13. Honduras HN: Pump Price for Diesel Fuel: USD per Liter

    • ceicdata.com
    Updated May 3, 2018
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    CEICdata.com (2018). Honduras HN: Pump Price for Diesel Fuel: USD per Liter [Dataset]. https://www.ceicdata.com/en/honduras/transportation/hn-pump-price-for-diesel-fuel-usd-per-liter
    Explore at:
    Dataset updated
    May 3, 2018
    Dataset provided by
    CEIC Data
    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, 1992 - Dec 1, 2016
    Area covered
    Honduras
    Variables measured
    Vehicle Traffic
    Description

    Honduras HN: Pump Price for Diesel Fuel: USD per Liter data was reported at 0.800 USD in 2016. This records a decrease from the previous number of 1.030 USD for 2014. Honduras HN: Pump Price for Diesel Fuel: USD per Liter data is updated yearly, averaging 0.695 USD from Dec 1992 (Median) to 2016, with 12 observations. The data reached an all-time high of 1.150 USD in 2012 and a record low of 0.250 USD in 1995. Honduras HN: 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 Honduras – Table HN.World Bank: 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;

  14. 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
    Explore at:
    Dataset provided by
    CEIC Data
    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;

  15. f

    European Fuel Prices Dataset

    • fuel-prices.eu
    csv
    Updated Jul 13, 2025
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    fuel-prices.eu (2025). European Fuel Prices Dataset [Dataset]. https://www.fuel-prices.eu/
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    csvAvailable download formats
    Dataset updated
    Jul 13, 2025
    Dataset provided by
    European Union-
    Time period covered
    2005 - 2025
    Area covered
    Europe
    Description

    Historical and current fuel prices for Euro 95 and diesel across EU countries.

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

    • statista.com
    Updated Aug 4, 2025
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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 updated
    Aug 4, 2025
    Dataset authored and provided by
    Statistahttp://statista.com/
    Time period covered
    Apr 18, 2022 - Aug 4, 2025
    Area covered
    United States
    Description

    The average price for regular gasoline in the United States stood at **** U.S. dollars per gallon on August 4, 2025. This compared to a diesel price of **** U.S. dollars per gallon. Prices for gasoline increased slightly that week. 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.

  17. T

    United States - US Diesel Sales Price

    • tradingeconomics.com
    csv, excel, json, xml
    Updated May 28, 2017
    + more versions
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    TRADING ECONOMICS (2017). United States - US Diesel Sales Price [Dataset]. https://tradingeconomics.com/united-states/us-diesel-sales-price-$-per-gallon-w-na-fed-data.html
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    csv, xml, excel, jsonAvailable download formats
    Dataset updated
    May 28, 2017
    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 - US Diesel Sales Price was 3.80500 $ per Gallon in July of 2025, according to the United States Federal Reserve. Historically, United States - US Diesel Sales Price reached a record high of 5.81000 in June of 2022 and a record low of 0.95300 in February of 1999. 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 August of 2025.

  18. Weekly road fuel prices

    • gov.uk
    Updated Aug 5, 2025
    + more versions
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    Department for Energy Security and Net Zero (2025). Weekly road fuel prices [Dataset]. https://www.gov.uk/government/statistics/weekly-road-fuel-prices
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    Dataset updated
    Aug 5, 2025
    Dataset provided by
    GOV.UKhttp://gov.uk/
    Authors
    Department for Energy Security and Net Zero
    Description

    The weekly road fuel prices table reports on the cost of unleaded petrol (ULSP) and unleaded diesel (ULSD).

    For enquiries concerning this table contact: energyprices.stats@energysecurity.gov.uk.

  19. f

    Cheapest Diesel Prices Dataset

    • fuel-prices.eu
    csv
    Updated Jul 13, 2025
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    fuel-prices.eu (2025). Cheapest Diesel Prices Dataset [Dataset]. https://www.fuel-prices.eu/cheapest-diesel-prices/
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    csvAvailable download formats
    Dataset updated
    Jul 13, 2025
    Dataset provided by
    European Union-
    License

    https://www.fuel-prices.eu/a/terms.phphttps://www.fuel-prices.eu/a/terms.php

    Time period covered
    2005 - 2025
    Description

    Historical and current cheapest diesel prices across EU countries.

  20. Wholesale fuel prices

    • open.canada.ca
    • data.ontario.ca
    • +2more
    csv, html
    Updated Jun 25, 2025
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    Government of Ontario (2025). Wholesale fuel prices [Dataset]. https://open.canada.ca/data/en/dataset/904d1050-b7ff-4f41-a1bb-50b450e962a8
    Explore at:
    csv, htmlAvailable download formats
    Dataset updated
    Jun 25, 2025
    Dataset provided by
    Government of Ontariohttps://www.ontario.ca/
    License

    Open Government Licence - Canada 2.0https://open.canada.ca/en/open-government-licence-canada
    License information was derived automatically

    Time period covered
    Jun 25, 2018 - Mar 4, 2021
    Description

    These data files detail the differences in wholesale cost of gasoline and diesel between two major trading hubs: * Toronto and New York Harbor * Thunder Bay and Edmonton. Prices are listed in cents per litre.

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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/
Organization logo

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

Explore at:
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.

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