Gasoline, Diesel Prices Continue to Climb
WASHINGTON, D.C. --- The U.S. average retail price for regular gasoline this past week increased by 5.9 cents to hit a new high of $3.284 per gallon, up 70.7 cents above the price last year.
WASHINGTON, D.C. --- The U.S. average retail price for regular gasoline this past week increased by 5.9 cents to hit a new high of $3.284 per gallon, up 70.7 cents above the price last year.
The average price on the East Coast reached a new all-time high of $3.253 per gallon, surpassing the previous record set in September of 2005, the Energy Department's Energy Information Administration (EIA) reported. The price increased by 5.9 cents from the previous week and was 70.5 cents above the price last year.
The average price in the Lower Atlantic remained at an all-time high, shooting up another 6.3 cents to reach $3.271 per gallon. The price in the Midwest rose 6.1 cents to $3.252 per gallon, an increase of 76.7 cents from a year ago. Despite the strong increase, the price remained 7.4 cents below the all-time-high price in the region set May 21, 2007. Although the price increase for the Gulf Coast region was the smallest of any region for the week, the increase of 4.6 cents nonetheless drove the price to $3.177 per gallon, the highest price in history for the region and 76.9 cents higher than the price a year ago.
The price in the Rocky Mountains shot up by 6.9 cents to hit $3.178 per gallon, but remained 9.8 cents below the all-time-high price of May 28, 2007. The average price on the West Coast remained the highest of any region in the country, climbing 6.6 cents to $3.523 per gallon. For the third consecutive week, this was a new record high and was 54.6 cents above the price last year. In California, the average price for regular grade jumped by 6.7 cents to $3.604 per gallon -- 48.3 cents above the price a year ago, EIA reported.
For the fifth week in a row, average retail diesel prices continued their rapid ascent. For the fourth consecutive week, the U.S. average price for retail diesel reached an all-time high. At $3.974 per gallon, the U.S. average increased by 15.5 cents and was up by $1.293 over the price a year ago.
On a regional basis, diesel prices remained at all-time-high levels in all regions of the country, exceeding $4.00 per gallon in some regions. On the East Coast, the average diesel price surged up by 16.5 cents to $4.035 per gallon, $1.374 per gallon above last year. In the Midwest, the diesel price jumped by 17.4 cents to $3.958 per gallon, up $1.292 from a year ago.
The diesel price in the Gulf Coast rose by the smallest amount of any region, but still increased 11.6 cents to reach $3.914 per gallon. Although the average price in the Rocky Mountains increased by 16.0 cents, at $3.892 per gallon, it was the lowest of any region.
On the West Coast, the average diesel price shot up by 13.3 cents to $4.018 per gallon, $1.205 above the price a year ago. The average diesel price in California grew by 12.8 cents to $4.083 per gallon, $1.208 above the price a year ago.
More Fuel
Turning Fleet Payment Data into Executive Insights
Ramel Lindsay of U.S. Bank Voyager discusses how fleets can transform payment and transaction data into actionable intelligence to reduce costs, improve oversight, and support executive decision-making.
Read More →
Why the IRS Raised Its Mileage Rate in the Middle of 2026
Fuel-price volatility drove the rare increase to 76 cents per mile, the fifth midyear adjustment since 2000.
Read More →
July Fuel Update: Prices Keep Rising in Light of More Conflict
Gas prices continue to rise as more and more conflicts do, too.
Read More →
Bob Adamsky on Fuel Volatility: "Don't Panic, Have a Plan."
When it comes to up and down fuel prices, Adamsky has a message for fleets: “Don’t panic.”
Read More →
How Fleets Can Gain Control of Non-Fuel Spend
Fuel often gets the spotlight, but non-fuel expenses can have a major impact on fleet costs. Ramel Lindsay of U.S. Bank Voyager discusses how fleets can gain better visibility and control over these often-overlooked expenditures.
Read More →
Fuel is Just the Start: How Middle East Tensions are Driving Up Fleet Maintenance Costs
The Middle East conflict is doing more than pushing up fuel prices. It’s also raising the cost of key maintenance products your fleet depends on, from motor oil to tires to windshield wipers. Here’s what you need to know about this budget-busting situation.
Read More →
June Fuel Update: Prices Fall Below $4
Drivers are finally getting some relief at the pump. The national average gas price has dropped below $4 a gallon for the first time in months, with prices falling in 47 states as oil markets react to developments in U.S.-Iran negotiations.
Read More →
Study: How 2026's Gas Price Hikes Affect Different Vehicle Types
New data from iSeeCars reveals how rising fuel costs have affected different vehicle segments as gasoline prices climbed nearly 46% over the past four months.
Read More →
Are You Tracking Your Fleet's True Total Cost of Ownership?
Bobit Business Media surveyed 190 fleet professionals and found that while most fleets are tracking costs, fragmented systems and data gaps are keeping true TCO visibility out of reach. With rising pressure to control spend in an increasingly volatile environment, the gap between what fleets think they know and what the data actually shows is wider than you might expect. See how your peers are managing costs today and where the industry still has room to improve.
Read More →
May Fuel Update: All Regions Experience Declines
Gas prices are finally easing in much of the country, but experts warn global tensions could quickly reverse the trend as the national average remains well above last month’s levels.
Read More →