# U.S. diesel prices surge another 40.1 cents | FleetOwner

> The EIA reported that the U.S. average on-highway diesel price rose 40.1 cents to a record $5.25 per gallon on March 14, 2022. The increase followed a 74.5-cent jump the prior week. Gasoline also rose 21.3 cents to $4.315 per gallon.

- Date: 2022-03-15 · published 2022-03-15T12:00:00.000Z
- Category: market · region US · magnitude medium
- Page: https://feedsoft.ai/events/5945-u-s-diesel-prices-surge-another-40-1-cents-fleetowner
- Commodities: [ULSD / Diesel](https://feedsoft.ai/c/DIESEL.md)

## Why it matters

Record diesel costs squeeze trucking and freight budgets, raising the delivered cost of feed ingredients. Continued volatility linked to the Russia-Ukraine conflict is expected to keep fuel costs elevated.

## Read by commodity

- DIESEL: bullish ▲

## Sources

- fleetowner.com: https://www.fleetowner.com/news/article/21236138/us-diesel-prices-surge-another-401-cents

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