This article is taken from the USDA's June 22 Grain Transportation Report...
For the week ending June 19, the U.S. average diesel fuel price rose 2.1 cents from the previous week to $3.815 per gallon—199.5 cents below the same week last year.
Diesel prices rose in 7 of the 10 regions, with the biggest increase of 4.3 cents occurring in the Gulf Coast region.
Following a 1.8-cents increase for the week ending April 17, diesel prices have continuously declined.
The current price rise marks only the fifth time this year that prices have risen.
According to the Energy Information Administration’s (EIA), June Short Term Energy Outlook, retail diesel prices are expected to average $3.95 per gallon in 2023 and $3.82 per gallon in 2024, down from $5.02 per gallon in 2022.