Trucking news and briefs for Wednesday, May 1, 2024:
Diesel prices across the U.S. have stayed mostly flat since a mid-February spike in prices led to diesel’s 2024 high mark, based on Energy Information Administration data.
The national average for diesel prices peaked at $4.11 during the weeks ending Feb. 12 and Feb. 19. Since then, fuel prices have hovered around $4 a gallon.
Fuel prices are up about 12 cents from the beginning of the year and down about 7 cents from the same week a year ago.
During the most recent week ending April 29, diesel averaged $3.95 across the U.S. -- the second consecutive week under $4 a gallon.
Prices fell in all regions during the most recent week, with the biggest decrease being seen in the Rocky Mountain region, where prices fell 9.6 cents, followed by the Midwest region, which saw a 5.3-cent decrease.
California remains home to the most expensive fuel prices in the nation, averaging $5.22 per gallon during the most recent week, followed by New England at $4.31 per gallon.
