# U.S. gasoline and diesel prices declined slightly the week after their March 14 peak -
		U.S. Energy Information Administration (EIA)

> The EIA reported that the U.S. regular retail gasoline price averaged $4.24 per gallon and the on-highway diesel price averaged $5.13 on March 21, 2022. Both prices had peaked the week before, on March 14, after rising about 22% and 29% respectively over three weeks. The three-week rises were the fastest on a percentage basis in the EIA's data series.

- Date: 2022-03-23 · published 2022-03-23T12:00:00.000Z
- Category: report · region US · magnitude medium
- Page: https://feedsoft.ai/events/5942-u-s-gasoline-and-diesel-prices-declined-slightly-the-week-after-their-march-14
- Commodities: [ULSD / Diesel](https://feedsoft.ai/c/DIESEL.md)

## Why it matters

Diesel is a major input cost for feed delivery and grain hauling, so the post-peak dip gives only slight relief. Prices remain near record highs, keeping pressure on freight and feed-mill operating costs.

## Read by commodity

- DIESEL: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| DIESEL | 2017-05-02 | [EIA Gasoline and Diesel Retail Prices Update - Mansfield Energy](https://feedsoft.ai/events/10018-eia-gasoline-and-diesel-retail-prices-update-mansfield-energy.md) | -2.1% | +4.1% |
| DIESEL | 2023-01-19 | [EIA Expects U.S. Gasoline and Diesel Retail Prices to Decline In 2023 and 2024 - Fuels Market News](https://feedsoft.ai/events/37971-eia-expects-u-s-gasoline-and-diesel-retail-prices-to-decline-in-2023-and-2024.md) | +2.5% | -13.4% |
| DIESEL | 2017-05-01 | [EIA Gasoline and Diesel Retail Prices Update (Week Ended May 1, 2017) - Fuels Market News](https://feedsoft.ai/events/10011-eia-gasoline-and-diesel-retail-prices-update-week-ended-may-1-2017-fuels-market.md) | -4.1% | +4.1% |
| DIESEL | 2017-06-20 | [EIA Gasoline and Diesel Retail Prices Update (Week Ended June 19, 2017) - Fuels Market News](https://feedsoft.ai/events/70705-eia-gasoline-and-diesel-retail-prices-update-week-ended-june-19-2017-fuels.md) | -2.0% | +7.4% |
| DIESEL | 2017-06-27 | [EIA Gasoline and Diesel Retail Prices Update (Week Ended June 26, 2017) - Fuels Market News](https://feedsoft.ai/events/70696-eia-gasoline-and-diesel-retail-prices-update-week-ended-june-26-2017-fuels.md) | +8.3% | +13.7% |

## Sources

- eia.gov: https://www.eia.gov/TODAYinENERGY/detail.php?id=51758

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