Diesel Prices on Cusp of $4 a Barrel as Pump Prices Decline for Third Straight Week

Semis pull into TA Travel Center to fill up with diesel in Jessup, Md., on May 2, 2022. Jim Watson/AFP via Getty Images

Average U.S. diesel prices have declined, while gas prices declined for the third consecutive week.

The national average price of diesel fell by $0.063 over the last week, and now stands at $4.01 per gallon, $1.51 lower from a year ago, according to GasBuddy.