Diesel Prices Increase to $3.00 Per Gallon

This article has been reprinted from the Jan. 11 Grain Transportation Report.

During the week ending January 8, diesel prices averaged $3.00 per gallon at retail sales. 

The last time the Energy Information Agency reported diesel prices above $3.00 per gallon was on the week ending January 12, 2015. 

Over the last 3 years, weekly averages for U.S. diesel prices fluctuated in between $3.05 and $1.98 per gallon. 

This week, average diesel fuel prices increased 2 cents from the previous week—to $3.00 per gallon—which is 40 cents above the same week last year, 82 cents above the same week two years ago, and 1 cent below the same week three years ago.