# Diesel Drops 7.3¢ to $2.586 a Gallon in 12th Straight Decline - TT

> The U.S. average retail diesel price fell 7.3 cents to $2.586 per gallon, the 12th straight weekly decline, according to the Department of Energy. Prices dropped in every region, with the Gulf Coast lowest at $2.363. Oil had fallen about 15% as excess supply met collapsing demand from the coronavirus.

- Date: 2020-03-30 · published 2020-03-30T12:00:00.000Z
- Category: report · region US · magnitude low
- Page: https://feedsoft.ai/events/54332-diesel-drops-7-3-to-2-586-a-gallon-in-12th-straight-decline-tt
- Commodities: [ULSD / Diesel](https://feedsoft.ai/c/DIESEL.md)

## Why it matters

Continued weekly declines in diesel reduce trucking and farm fuel costs for feed delivery. Retail moves track wholesale weakness, so the bearish energy trend keeps pressure on transport costs.

## Read by commodity

- DIESEL: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| DIESEL | 2020-02-18 | [Diesel Declines 2¢ a Gallon to $2.89 - TT](https://feedsoft.ai/events/9354-diesel-declines-2-a-gallon-to-2-89-tt.md) | -5.1% | -38.5% |
| DIESEL | 2018-12-17 | [Average Price of Diesel Drops 4¢ to $3.121 a Gallon - TT](https://feedsoft.ai/events/61735-average-price-of-diesel-drops-4-to-3-121-a-gallon-tt.md) | -6.1% | +1.2% |
| DIESEL | 2025-04-29 | [Diesel Price Down 2¢ to $3.514 a Gallon - TT](https://feedsoft.ai/events/25307-diesel-price-down-2-to-3-514-a-gallon-tt.md) | -9.0% | -4.3% |
| DIESEL | 2016-11-21 | [Diesel Drops 2.7¢ to $2.443; Gasoline Falls 4.9¢ to $2.184 - TT](https://feedsoft.ai/events/74015-diesel-drops-2-7-to-2-443-gasoline-falls-4-9-to-2-184-tt.md) | +3.7% | +13.7% |
| DIESEL | 2020-09-28 | [Diesel Falls 1¢ to $2.394 in Fourth Consecutive Decline - TT](https://feedsoft.ai/events/51276-diesel-falls-1-to-2-394-in-fourth-consecutive-decline-tt.md) | -3.6% | +2.2% |

## Sources

- ttnews.com: https://www.ttnews.com/articles/diesel-drops-73c-2586-gallon-12th-straight-decline

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