Rendered before/after
Whatever, it's never going back down to a real affordable price no matter who is running this country. Get over it.
Well if diesel never comes back down from nearly $7 per gallon we'll know who's to blame. Today's average price of $6.51 per gallon of diesel is 44.4% higher than the average price of $3.62 per gallon just last year.
Per Google Gemini:
The figures below reflect the national annual average retail price per gallon for No. 2 on-highway diesel fuel, compiled from U.S. Energy Information Administration (EIA) surveys and historical Bureau of Labor Statistics (BLS) retail energy indices.
U.S. Average Annual Diesel Prices (1975–2026)
Year | Nominal Price ($/gal) | Key Market Drivers |
1975 | $0.56 | Post-1973 OPEC oil embargo adjustments |
1976 | $0.57 | Steady domestic price controls |
1977 | $0.63 | Increasing commercial freight demand |
1978 | $0.65 | Gradual energy deregulation initiatives |
1979 | $0.88 | Iranian Revolution supply shock |
1980 | $1.21 | Iran-Iraq War; global crude prices double |
1981 | $1.35 | U.S. oil price decontrol completed |
1982 | $1.30 | Early 1980s economic recession |
1983 | $1.20 | Global oil surplus begins |
1984 | $1.22 | Modest economic recovery |
1985 | $1.21 | Saudi Arabia boosts production |
1986 | $0.96 | Global oil price collapse |
1987 | $0.98 | Tanker War in the Persian Gulf |
1988 | $0.95 | High global refining supply |
1989 | $1.02 | Winter heating oil demand surges |
1990 | $1.21 | Iraqi invasion of Kuwait; Gulf War spike |
1991 | $1.16 | Post-Gulf War price stabilization |
1992 | $1.12 | Flat global crude prices |
1993 | $1.11 | Federal fuel excise tax increase (+4.3¢) |
1994 | $1.11 | Official EIA weekly highway survey begins |
1995 | $1.11 | Steady refining capacity |
1996 | $1.24 | Cold winter and low commercial inventories |
1997 | $1.20 | Asian financial crisis softens demand |
1998 | $1.04 | Global oil glut; crude drops below $12/bbl |
1999 | $1.12 | OPEC production cuts take effect |
2000 | $1.49 | Tight domestic distillate inventories |
2001 | $1.40 | Post-9/11 economic slowdown |
2002 | $1.32 | Venezuelan general strike disrupts supply |
2003 | $1.51 | Lead-up to and start of the Iraq War |
2004 | $1.81 | Accelerating Chinese industrial demand |
2005 | $2.40 | Hurricanes Katrina and Rita hit Gulf refineries |
2006 | $2.71 | Transition to Ultra-Low Sulfur Diesel (ULSD) |
2007 | $2.88 | Crude climbs toward $100/barrel |
2008 | $3.80 | Crude peaks at $147/bbl; diesel hits $4.76 in July |
2009 | $2.46 | Global Financial Crisis collapses freight demand |
2010 | $2.99 | Post-recession trade recovery |
2011 | $3.84 | Arab Spring disruptions in North Africa |
2012 | $3.97 | Iranian sanctions and high crude prices |
2013 | $3.92 | Sustained high global crude environment |
2014 | $3.83 | U.S. shale production surge; late-year crash |
2015 | $2.71 | OPEC market-share price war |
2016 | $2.30 | Crude bottom ($26/bbl); 12-year diesel price low |
2017 | $2.65 | OPEC+ introduces formal production quotas |
2018 | $3.18 | Robust U.S. trucking and trade demand |
2019 | $3.06 | Stable domestic shale oil supply |
2020 | $2.55 | COVID-19 pandemic lockdowns collapse demand |
2021 | $3.29 | Global supply chain bottlenecks and recovery |
2022 | $4.99 | War in Ukraine; weekly peak reached $5.81 |
2023 | $4.21 | Distillate inventory deficits ease gradually |
2024 | $3.86 | Lower refinery crack spreads, softer freight market |
2025 | $3.62 | Steady domestic crude output and inventory rebuild |
Whatever, it's never going back down to a real affordable price no matter who is running this country. Get over it.
Well if diesel never comes back down from nearly $7 per gallon we'll know who's to blame. Today's average price of $6.51 per gallon of diesel is 44.4% higher than the average price of $3.62 per gallon just last year.
Per Google Gemini:
The figures below reflect the national annual average retail price per gallon for No. 2 on-highway diesel fuel, compiled from U.S. Energy Information Administration (EIA) surveys and historical Bureau of Labor Statistics (BLS) retail energy indices.
U.S. Average Annual Diesel Prices (1975–2025)
Year | Nominal Price ($/gal) | Key Market Drivers |
1975 | $0.56 | Post-1973 OPEC oil embargo adjustments |
1976 | $0.57 | Steady domestic price controls |
1977 | $0.63 | Increasing commercial freight demand |
1978 | $0.65 | Gradual energy deregulation initiatives |
1979 | $0.88 | Iranian Revolution supply shock |
1980 | $1.21 | Iran-Iraq War; global crude prices double |
1981 | $1.35 | U.S. oil price decontrol completed |
1982 | $1.30 | Early 1980s economic recession |
1983 | $1.20 | Global oil surplus begins |
1984 | $1.22 | Modest economic recovery |
1985 | $1.21 | Saudi Arabia boosts production |
1986 | $0.96 | Global oil price collapse |
1987 | $0.98 | Tanker War in the Persian Gulf |
1988 | $0.95 | High global refining supply |
1989 | $1.02 | Winter heating oil demand surges |
1990 | $1.21 | Iraqi invasion of Kuwait; Gulf War spike |
1991 | $1.16 | Post-Gulf War price stabilization |
1992 | $1.12 | Flat global crude prices |
1993 | $1.11 | Federal fuel excise tax increase (+4.3¢) |
1994 | $1.11 | Official EIA weekly highway survey begins |
1995 | $1.11 | Steady refining capacity |
1996 | $1.24 | Cold winter and low commercial inventories |
1997 | $1.20 | Asian financial crisis softens demand |
1998 | $1.04 | Global oil glut; crude drops below $12/bbl |
1999 | $1.12 | OPEC production cuts take effect |
2000 | $1.49 | Tight domestic distillate inventories |
2001 | $1.40 | Post-9/11 economic slowdown |
2002 | $1.32 | Venezuelan general strike disrupts supply |
2003 | $1.51 | Lead-up to and start of the Iraq War |
2004 | $1.81 | Accelerating Chinese industrial demand |
2005 | $2.40 | Hurricanes Katrina and Rita hit Gulf refineries |
2006 | $2.71 | Transition to Ultra-Low Sulfur Diesel (ULSD) |
2007 | $2.88 | Crude climbs toward $100/barrel |
2008 | $3.80 | Crude peaks at $147/bbl; diesel hits $4.76 in July |
2009 | $2.46 | Global Financial Crisis collapses freight demand |
2010 | $2.99 | Post-recession trade recovery |
2011 | $3.84 | Arab Spring disruptions in North Africa |
2012 | $3.97 | Iranian sanctions and high crude prices |
2013 | $3.92 | Sustained high global crude environment |
2014 | $3.83 | U.S. shale production surge; late-year crash |
2015 | $2.71 | OPEC market-share price war |
2016 | $2.30 | Crude bottom ($26/bbl); 12-year diesel price low |
2017 | $2.65 | OPEC+ introduces formal production quotas |
2018 | $3.18 | Robust U.S. trucking and trade demand |
2019 | $3.06 | Stable domestic shale oil supply |
2020 | $2.55 | COVID-19 pandemic lockdowns collapse demand |
2021 | $3.29 | Global supply chain bottlenecks and recovery |
2022 | $4.99 | War in Ukraine; weekly peak reached $5.81 |
2023 | $4.21 | Distillate inventory deficits ease gradually |
2024 | $3.86 | Lower refinery crack spreads, softer freight market |
2025 | $3.62 | Steady domestic crude output and inventory rebuild |