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Figure 5-2. Monthly Diesel Prices (cents per gallon)

Diesel prices were about 62 percent higher in July 2005 than 10 years earlier (in inflation-adjusted terms). Over that period prices bottomed out in February 1999 at just under $1.14 a gallon (in $ July 2005).

See paragraph above and table below for explanation of Figure 5-2

Data represented in the figure
Table in Excel format

Date Current Real ($ May 2005)
May-1995112.6143.67
Jun-1995112.0142.62
Jul-1995110.0139.89
Aug-1995110.5140.28
Sep-1995111.9141.90
Oct-1995111.5140.99
Nov-1995112.0141.41
Dec-1995113.0142.45
Jan-1996114.5143.69
Feb-1996114.5143.35
Mar-1996118.3147.60
Apr-1996127.5158.58
May-1996127.3158.03
Jun-1996120.1148.76
Jul-1996117.6145.34
Aug-1996120.1148.26
Sep-1996126.5155.65
Oct-1996132.3162.32
Nov-1996132.3161.75
Dec-1996130.9159.70
Jan-1997129.1157.17
Feb-1997128.0155.57
Mar-1997122.9149.33
Apr-1997121.2147.15
May-1997119.6145.15
Jun-1997117.3142.10
Jul-1997115.1139.25
Aug-1997116.5140.60
Sep-1997116.0139.63
Oct-1997118.3142.12
Nov-1997119.2143.02
Dec-1997116.6139.88
Jan-1998112.0134.13
Feb-1998108.4129.91
Mar-1998106.3127.34
Apr-1998106.7127.65
May-1998106.9127.61
Jun-1998104.1124.11
Jul-1998102.9122.32
Aug-1998100.7119.67
Sep-1998102.4121.59
Oct-1998103.9122.99
Nov-1998102.2120.91
Dec-199897.3114.88
Jan-199996.7113.90
Feb-199995.9113.02
Mar-199999.7117.40
Apr-1999107.9126.27
May-1999107.3125.51
Jun-1999107.4125.58
Jul-1999112.2130.58
Aug-1999117.2136.14
Sep-1999121.5140.51
Oct-1999122.8141.79
Nov-1999126.3145.62
Dec-1999129.2148.54
Jan-2000135.6155.46
Feb-2000146.1166.78
Mar-2000147.9167.88
Apr-2000142.2161.48
May-2000142.0160.95
Jun-2000142.1160.20
Jul-2000143.4161.15
Aug-2000146.6164.77
Sep-2000163.7183.03
Oct-2000163.7182.74
Nov-2000162.1180.65
Dec-2000156.5173.95
Jan-2001152.4168.41
Feb-2001149.2164.57
Mar-2001139.9154.23
Apr-2001142.2156.29
May-2001149.6163.68
Jun-2001148.2161.76
Jul-2001137.5150.42
Aug-2001139.0151.94
Sep-2001149.5162.93
Oct-2001134.8147.45
Nov-2001125.9137.65
Dec-2001116.7127.71
Jan-2002115.3125.91
Feb-2002115.2125.66
Mar-2002123.0133.70
Apr-2002130.9141.60
May-2002130.5141.14
Jun-2002128.6138.93
Jul-2002129.9140.12
Aug-2002132.8142.75
Sep-2002141.1151.44
Oct-2002146.2156.64
Nov-2002142.0151.91
Dec-2002142.9152.71
Jan-2003148.8158.40
Feb-2003165.4175.17
Mar-2003170.8180.08
Apr-2003153.3162.10
May-2003145.1153.68
Jun-2003142.4150.71
Jul-2003143.5151.54
Aug-2003148.7156.47
Sep-2003146.7153.87
Oct-2003148.1155.58
Nov-2003148.2155.85
Dec-2003149.0156.31
Jan-2004155.1161.94
Feb-2004158.2164.65
Mar-2004162.9168.86
Apr-2004169.2175.00
May-2004174.6179.54
Jun-2004171.1175.46
Jul-2004173.9178.35
Aug-2004183.3187.93
Sep-2004191.7196.22
Oct-2004213.4217.23
Nov-2004214.7217.92
Dec-2004200.9203.97
Jan-2005195.9198.75
Feb-2005202.7204.89
Mar-2005221.4222.41
Apr-2005229.2229.06
May-2005219.9219.88

Sources: Diesel price: U.S. Department of Energy, Energy Information Agency, U.S. Petroleum Prices, available at www.eia.doe.gov as of July 1, 2005.

Consumer price index: U.S. Department of Labor, Bureau of Labor Statistics, Consumer Price Index – All Urban Consumers, Monthly, available at www.bls.gov as of June 30, 2005.

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