# Diesel Declines 2¢ a Gallon to $2.89 - TT

> The U.S. average on-highway diesel price fell 2 cents to $2.89 a gallon for the week of Feb. 17, according to the EIA. All nine EIA regions saw declines, and diesel was 11.6 cents cheaper than a year earlier. Gasoline rose slightly nationally.

- Date: 2020-02-18 · published 2020-02-18T12:00:00.000Z
- Category: report · region US · magnitude low
- Page: https://feedsoft.ai/events/9354-diesel-declines-2-a-gallon-to-2-89-tt
- Commodities: [ULSD / Diesel](https://feedsoft.ai/c/DIESEL.md)

## Why it matters

Lower diesel costs reduce transport and feed-milling expenses for buyers, while the decline reflects weaker crude and distillate demand tied to the coronavirus slowdown.

## Read by commodity

- DIESEL: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| 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 | 2020-03-30 | [Diesel Drops 7.3¢ to $2.586 a Gallon in 12th Straight Decline - TT](https://feedsoft.ai/events/54332-diesel-drops-7-3-to-2-586-a-gallon-in-12th-straight-decline-tt.md) | +1.2% | -43.7% |
| DIESEL | 2025-05-28 | [Diesel Price Sheds 4.9¢ to $3.487 a Gallon - TT](https://feedsoft.ai/events/24875-diesel-price-sheds-4-9-to-3-487-a-gallon-tt.md) | +0.9% | +10.9% |
| 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 | 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-declines-2c-gallon-289

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