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1 In September 2015, the average price for red diesel was down 1.46ppl to 44.81ppl and the retail pump price of diesel was also down 1.76ppl to 109.95ppl compared with August 2015.
In fact, after spiking to $5 per gallon in 2008, U.S. diesel fuel retail prices averaged only $3.97 per gallon in 2012. Although diesel prices currently are topping $4, the EIA projects diesel will fall to an average of $3.87 and $3.78 per gallon in the next two years.