US On-Highway Diesel Retail Price (1994–2026)
The US On-Highway Diesel Retail Price is the national average pump price for No. 2 diesel fuel, published weekly by the EIA since 1994, in dollars per gallon. Diesel is the fuel of freight — trucks, rail, and farm equipment — so this price is a direct input to the cost of moving nearly every physical good in the economy. It peaked at $5.81 in June 2022 and sits at $4.67 in mid-2026, structurally above gasoline for most of the past two decades.
Dataset: US On-Highway Diesel Retail Price (1994–2026) · Updated 2026-07-27
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Source: U.S. Energy Information Administration (EIA) · series EMD_EPD2D_PTE_NUS_DPG
Macro Takeaway
Diesel trades at a persistent premium to gasoline in the US, unlike much of Europe — a function of tighter refining capacity for distillates, ultra-low-sulfur specifications since 2007, and competition from heating oil and jet fuel for the same middle-of-the-barrel output. When distillate inventories tighten, diesel can decouple sharply from gasoline.
Because diesel powers freight, its price transmits into goods prices with a lag through shipping and logistics costs. It is a supply-chain cost indicator as much as an energy price — a sustained diesel spike raises the delivered cost of everything on a truck.
Diesel is less seasonal at the pump than gasoline but more exposed to winter, when heating-oil demand (chemically similar distillate) competes for refinery output. In the same vein, the crack spread behind refiner earnings. Cold snaps in the US Northeast can lift diesel independently of crude.
Dataset Overview
| Indicator | US On-Highway Diesel Retail Price (1994–2026) |
|---|---|
| Geography | United States |
| Frequency | Weekly |
| Period | 1994 – present |
| Variables | date, diesel_price |
| Format | CSV, Excel (XLSX) |
| Sources | U.S. Energy Information Administration (EIA) |
| Last updated | — |
Dataset Variables
The CSV and Excel files contain the following columns.
| Column | Type | Description |
|---|---|---|
date | Date (YYYY-MM-DD) | Reference date of the observation |
diesel_price | Float | US average retail price of No. 2 on-highway diesel fuel, dollars per gallon |
A value of 4.668 means the national average diesel pump price was $4.67 per gallon that week.
Download the Complete Dataset
The full dataset is available in CSV and Excel formats.
EIA Direct API Access
The underlying data comes from the U.S. Energy Information Administration API v2 (route petroleum/pri/gnd, series EMD_EPD2D_PTE_NUS_DPG). An EIA API key is free from the EIA developer portal.
Direct CSV Access — Eco3min Structured Dataset
https://eco3min.fr/dataset/eia/us-diesel-retail-price.csv
This URL returns the complete, cleaned dataset in CSV format. It can be used directly in pandas, R, curl, or any data tool — no key required.
Using the Dataset in Python
import pandas as pd
url = "https://eco3min.fr/dataset/eia/us-diesel-retail-price.csv"
df = pd.read_csv(url, parse_dates=["date"])
print(f"Latest: {df['diesel_price'].iloc[-1]:.3f} USD/gallon")
print(df.tail())
Using the Dataset in R
library(readr) url <- "https://eco3min.fr/dataset/eia/us-diesel-retail-price.csv" df <- read_csv(url) tail(df) summary(df$diesel_price)
Both examples load the dataset directly from the URL — no download or API key required.
Methodology
The EIA collects on-highway diesel prices each Monday from a national retail sample, released the same afternoon alongside gasoline. The price includes all taxes; federal diesel tax is higher than gasoline’s.
This dataset is refreshed daily (Mon–Sat) via automated pull from the EIA API v2; new observations appear with each source release.
Data Quality & Provider Notes
- Release cadence. Weekly, every Monday afternoon, jointly with retail gasoline.
- What it includes. No. 2 on-highway diesel, all taxes included.
- Distillate linkage. Shares refinery output with heating oil and jet fuel — inventory competition among the three drives divergences from crude.
- Revisions. Rarely revised.
- Known gaps. None; continuous weekly since March 1994.
Common Pitfalls When Using This Series
- Assuming diesel tracks gasoline. The two share crude but diverge on distillate supply; the diesel-gasoline spread swings widely and inverts.
- Missing the winter-heating channel. Diesel and heating oil compete for the same output; cold-weather heating demand can lift diesel with no move in crude.
- Ignoring the freight-cost lag. Diesel spikes reach consumer goods prices weeks to months later through shipping costs, not immediately.
- Treating it as a consumer fuel. Diesel demand is overwhelmingly commercial; it responds to freight and industrial activity, not driving-season patterns.
Historical Regimes
1994–2003 — Cheap and stable. Diesel ran near or below gasoline, bottoming at $0.953 in early 1999.
2004–2008 — The premium opens. Global distillate demand and the ULSD transition pushed diesel to a durable premium over gasoline, peaking near $4.70 in 2008.
2009–2019 — Structurally above gasoline. Diesel held a persistent premium as distillate markets stayed tight relative to gasoline.
2020 — Demand collapse. The pandemic cut freight and diesel fell sharply, though less than gasoline given resilient goods delivery.
2021–2026 — Distillate crunch. Low distillate inventories drove diesel to $5.81 (June 2022), the widest diesel-gasoline gap in the series, normalizing toward $4.67 by mid-2026. A neighbouring angle: why the diesel and gasoline crack spreads diverge.
Related Macroeconomic Datasets
- US Regular Gasoline Retail Price — the consumer-side pump price on the same survey
- NY Harbor ULSD Spot Price — the wholesale market price upstream of retail diesel
- NY Harbor Heating Oil Spot Price — the competing distillate for the same refinery output
- WTI Crude Oil Price — the upstream crude benchmark
Macroeconomic Dataset Hub
This dataset is part of the Eco3min macro-financial data repository.
Explore the Eco3min Commodity Data Hub
Sources
- U.S. Energy Information Administration — Weekly Retail Gasoline and Diesel Prices (series EMD_EPD2D_PTE_NUS_DPG)
Dataset Reference
Last updated — 4 August 2026
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