U.S. retail prices of diesel fuel monthly 2018-2019

This statistic shows the monthly retail prices of diesel fuel in the United States from December 2018 to December 2019. In December 2018, one gallon of diesel cost 3.12 U.S. dollars. One year later, in December 2019, one gallon cost 3.055 U.S. dollars. That was a price decrease of 0.065 U.S. dollars, or some 2.13 percent within a year.

U.S. retail prices of diesel fuel

The usage of diesel began in the 1930s, but until further European development in the 1960s, diesel vehicles were mostly applied to commercial use only. More recently, diesel-fueled engines have become more popular as diesel engines become more efficient. In the United Kingdom, 42 percent of new cars registered in 2017 were fueled by diesel. However, in the United States, diesel-powered cars remain a fairly small portion of the automobile market. Diesel cars often have lower acceleration, higher costs, and a heavier weight. They may also be more difficult to start in cold weather. Gasoline also tends to be more widely available than diesel fuel. However, diesel engines have better fuel economy than that of gasoline engines, and tend to last longer as well.

As of January 2019, diesel fuel retail price in the United States reached 2.98 U.S. dollars per gallon. In comparison, gasoline cost and average of 2.72 U.S. dollars per gallon in 2018. The price of diesel has dropped in several countries but risen in others. From December 2017 to December 2018, the retail price of automotive diesel increased by 10.3 percent in Germany. In Japan, prices increased by eight percent during the same time. The United Kingdom had some of the highest prices for automotive diesel, reaching 1.67 U.S. dollars per liter in November 2018. In the United States, highway vehicles consumed 8.97 million barrels of gasoline and 2.99 million barrels of gasoline-equivalent gallons of diesel in 2017.

Monthly retail prices of diesel fuel in the United States from December 2018 to December 2019

Price in U.S. dollars per gallon
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Source

Release date

January 2020

Region

United States

Survey time period

December 2018 to December 2019

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Statistics on "Gas stations in the U.S."

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