# Fuel prices surge to nearly 7-year high | Overdrive

> The US average on-highway diesel price rose 2.1 cents to $3.406 a gallon in the week ending September 27, the highest national average since December 2014. California posted the highest regional price at $4.339 a gallon.

- Date: 2021-09-28 · published 2021-09-28T12:00:00.000Z
- Category: report · region US · magnitude low
- Page: https://feedsoft.ai/events/45249-fuel-prices-surge-to-nearly-7-year-high-overdrive
- Commodities: [ULSD / Diesel](https://feedsoft.ai/c/DIESEL.md)

## Why it matters

Record-high diesel raises trucking and feed delivery costs, which are passed on to buyers. The trend has continued for most of a year.

## Read by commodity

- DIESEL: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| DIESEL | 2017-02-28 | [On-highway Diesel Fuel Prices Feb. 27 - DeSpir Logistics](https://feedsoft.ai/events/72659-on-highway-diesel-fuel-prices-feb-27-despir-logistics.md) | -2.7% | -8.6% |
| DIESEL | 2025-01-06 | [Diesel Price Rises 5.8¢ to $3.561 a Gallon to Start New Year - TT](https://feedsoft.ai/events/10351-diesel-price-rises-5-8-to-3-561-a-gallon-to-start-new-year-tt.md) | +6.4% | +4.7% |
| DIESEL | 2025-05-22 | [Barge grain movements surge, rail volumes up year-over-year \| Feed & Grain](https://feedsoft.ai/events/16450-barge-grain-movements-surge-rail-volumes-up-year-over-year-feed-and-grain.md) | -4.2% | +19.3% |
| DIESEL | 2025-06-25 | [NYMEX Overview : ULSD Futures Leading Petroleum Prices Higher -- OPIS](https://feedsoft.ai/events/8642-nymex-overview-ulsd-futures-leading-petroleum-prices-higher-opis.md) | +1.5% | +7.7% |
| DIESEL | 2022-09-28 | [Oil prices rise on surprise drop in U.S. crude, fuel stocks](https://feedsoft.ai/events/39763-oil-prices-rise-on-surprise-drop-in-u-s-crude-fuel-stocks.md) | +10.2% | +25.9% |

## Sources

- overdriveonline.com: https://www.overdriveonline.com/business/article/15115092/fuel-prices-surge-to-nearly-7year-high

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.