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Retail prices for diesel are projected to average $2.22 per gallon for 2016 before rising to $2.58 per gallon in 2017, EIA noted.
In the US, the average price of diesel fuel has historically been lower than that of gasoline. In October 1998, the national average price of diesel fuel was $1.039 per gallon and that of gasoline was $1.038 per gallon. As of October 6, 2008, diesel fuel was priced at $3.875 per gallon whereas gasoline was priced at $3.484 per gallon.