Biggest drop in benchmark diesel price since late 2022
The benchmark diesel price used for most fuel surcharges fell the most it has declined since 2022.

The benchmark diesel price used for most fuel surcharges fell the most it has declined since 2022.
The benchmark diesel price used for most fuel surcharges fell for the first time after 12 weeks of increases.
The war with Iran moved diesel up nearly 50 percent in five weeks and analysts are modeling $6 and higher if the Strait of Hormuz stays disrupted into summer. Carriers are repricing surcharges, shippers are absorbing new fees and everyone is looking for relief. The biggest lever most fleets have on their fuel budget is not an aerodynamics package or a new engine spec. It is the driver.
The benchmark price used for most fuel surcharges rose for the 12th straight week.
Let’s start with what the numbers actually look like. On March 1, diesel was averaging roughly $3.90 per gallon nationally. By March 9, a single week produced a 96-cent spike — the largest one-week increase in diesel prices since the federal government began tracking the series. By mid-month it crossed $5. As of this week […]
The benchmark diesel price used for most fuel surcharges is up for the 10th straight week.
The benchmark used for most fuel surcharges is above $5/g for the first time in more than 3 years.
Diesel is approaching $5 a gallon and the geopolitical situation driving it is not showing signs of a quick resolution. You cannot control what crude does on the futures market. You cannot control what’s happening in the Strait of Hormuz. You cannot control whether the Federal Reserve pauses rate cuts or whether the broker on […]
The price used to set diesel surcharges gained more in a week than it ever has in its 30+ year history.
Diesel prices at both the retail level and in the futures market are soaring in the wake of the Middle East conflict.
The benchmark diesel price used for most fuel surcharges has risen for the 7th consecutive week.
The benchmark price used for most fuel surcharges rose for the fifth straight week.
When I was a teenager working at a Subway in Sumter, South Carolina, I used to get corrected for something that seemed small at the time. I would build a sandwich, stack it high, and make it look generous. My boss would walk by and say, “That’s too many tomato slices.” I didn’t understand it […]
The benchmark diesel price used for most fuel surcharges rose a small amount, the fourth straight increase.
The benchmark used for most fuel surcharges rose for the third straight week.
After a fourth quarter of mostly declines, the benchmark diesel price is climbing fast.
The benchmark diesel price used for most fuel surcharges rose for the first time in eight weeks.
The consecutive week streak of declines in the benchmark retail diesel price is now eight, but market conditions are suggesting it might be a challenge to reach nine. The Department of Energy/Energy Information Administration average weekly retail diesel price declined 1.8 cents/gallon in the price published Tuesday, effective Monday. The latest price is $3.459/g. It’s […]
The key diesel benchmark fell again, but broader markets barely reacted to the Venezuelan news.
The latest benchmark diesel price closed out 2025 pretty much where it finished up 2024.
Another decline in the benchmark price of diesel has sent that number down by the biggest amount in a five-week period in two years..
The benchmark used for most fuel surcharges fell for the fourth consecutive week.
The benchmark diesel price used for most fuel surcharges has plummeted over the last two weeks.
The benchmark diesel price used for most fuel surcharges is down 11 cents/gallon in two weeks.
The benchmark diesel price used for most fuel surcharges has risen for four straight weeks.
The benchmark diesel price used for most fuel surcharges is at its highest price since July 2024.
The diesel price used for most fuel surcharges rose for a second consecutive week.
The weekly diesel price used for most fuel surcharges rose the most it has increased since June.
The benchmark diesel price used for most fuel surcharges dropped in excess of 4 cents/gallon for the third consecutive week, with the price at the pump catching up to significant declines in futures prices from several weeks ago. The Department of Energy/Energy Information Administration average weekly retail diesel price fell 4.5 cts/g to $4.62/g, effective […]
Futures market in ULSD weakening on projections of significant oversupply.
The benchmark used for most fuel surcharges declined to its lowest level in about two months.
Diesel price benchmark edges up, highlighting market stability amid oversupply and Chinese oil buying.
The price used for most fuel surcharges rose one cent in a market that has featured stability for weeks Stability in the retail price of diesel remains the prevailing condition in the market, with the benchmark price used for most fuel surcharges moving a mere one cent this week. The Department of Energy/Energy Information Administration […]
The benchmark diesel price used for most fuel surcharges rose for the second straight week.
The benchmark price used as the basis for most fuel surcharges rose after five weeks of declines.
The benchmark diesel price used for most fuel surcharges declined for the fifth straight week.
The basis for most fuel surcharges is down 5.8 cts/g over the last three weeks.
The benchmark diesel price used for most fuel surcharges posted its second consecutive small decline.
Diesel has raced ahead of crude in recent months, and the causes don’t appear to be short term.
The benchmark diesel price used for most fuel surcharges rose for the fifth time in six weeks.
The benchmark diesel price used for most fuel surcharges rose this week for the fourth time in five weeks.
The benchmark diesel price used for most fuel surcharges rose to its highest level in almost a year.
The benchmark diesel price used for most fuel surcharges rose for just the second time in nine weeks.
After 1 increase, latest weekly price picks up earlier trend of declines.
The benchmark diesel price used for most fuel surcharges fell for the fifth straight week.
Fuel is your largest expense and your biggest opportunity. From transmission choices and smart fueling to preventing fuel fraud, this guide provides practical, proven strategies for owner-operators and small fleets aiming to trim costs, boost efficiency and keep profits rolling in 2025.
The benchmark diesel price used for most fuel surcharges declined for a second consecutive week.
The operators of a tanker that the U.S. military contracted to haul jet fuel are suing a subsidiary of the owners of a shipping company whose container ship struck the tanker in March.
The benchmark diesel price used for most fuel surcharges rose for the first time in three weeks.
B99 biodiesel is now or will soon be available at select Pilot travel centers.
Fuel is one of the largest expenses for trucking fleets, making conservation strategies essential for long-term profitability. By leveraging technology such as fleet fuel cards, AI-powered route optimization, and real-time driver monitoring, fleets can reduce waste, improve efficiency, and prevent fuel fraud. Implementing preventative maintenance, minimizing idling, and optimizing routes are key to ensuring every gallon is used effectively. With fluctuating diesel prices and tightening margins, adopting a data-driven fuel management approach is necessary for survival in today’s trucking industry.
The diesel price used for most fuel surcharges declined for the third week in a row.
The benchmark diesel price used for most fuel surcharges is near its lowest level for 2025.
Nikola’s bankruptcy is a reality check for the push toward zero-emission freight. Once hailed as the Tesla of trucking, Nikola’s failure highlights the immense challenges of replacing diesel with electric and hydrogen-powered alternatives. While policymakers and environmental advocates push for green energy solutions, the trucking industry remains bound by the need for reliability, infrastructure, and economic viability. With limited charging and hydrogen refueling networks, high costs, and performance struggles, Nikola’s downfall reinforces a hard truth, diesel isn’t going anywhere anytime soon.
Oil markets have been quiet, but the impact of potential tariffs on Canada and Mexico is on the horizon.