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

Diesel prices were about 93 percent higher in July 2006 than 10 years earlier (in inflation-adjusted terms). Over that period prices bottomed out in February 1999 at $1.18 a gallon (in $ July 2006).

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

Data represented in the figure
Table in Excel format

Date Current Price Real Price(July 2006 dollars)
Jul-1996 117.6 151.6
Aug-1996 120.1 154.6
Sep-1996 126.5 162.3
Oct-1996 132.3 168.2
Nov-1996 132.3 168.9
Dec-1996 130.9 167.1
Jan-1997 129.1 164.3
Feb-1997 128.0 162.4
Mar-1997 122.9 155.6
Apr-1997 121.2 153.2
May-1997 119.6 151.2
Jun-1997 117.3 148.2
Jul-1997 115.1 145.2
Aug-1997 116.5 146.7
Sep-1997 116.0 145.7
Oct-1997 118.3 148.2
Nov-1997 119.2 149.4
Dec-1997 116.6 146.4
Jan-1998 112.0 140.3
Feb-1998 108.4 135.6
Mar-1998 106.3 132.7
Apr-1998 106.7 132.9
May-1998 106.9 133.0
Jun-1998 104.1 129.3
Jul-1998 102.9 127.6
Aug-1998 100.7 124,8
Sep-1998 102.4 126.8
Oct-1998 103.9 128.2
Nov-1998 102.2 126.2
Dec-1998 97.3 120.2
Jan-1999 96.7 119.1
Feb-1999 95.9 118.1
Mar-1999 99.7 122.3
Apr-1999 107.9 131.5
May-1999 107.3 130.8
Jun-1999 107.4 130.9
Jul-1999 112.2 136.2
Aug-1999 117.2 142.0
Sep-1999 121.5 146.5
Oct-1999 122.8 147.8
Nov-1999 126.3 152.0
Dec-1999 129.2 155.4
Jan-2000 135.6 162.7
Feb-2000 146.1 174.2
Mar-2000 147.9 174.9
Apr-2000 142.2 168.1
May-2000 142.0 167.6
Jun-2000 142.1 166.9
Jul-2000 143.4 168.0
Aug-2000 146.6 171.8
Sep-2000 163.7 190.8
Oct-2000 163.7 190.5
Nov-2000 162.1 188.6
Dec-2000 156.5 182.1
Jan-2001 152.4 176.2
Feb-2001 149.2 171.9
Mar-2001 139.9 160.8
Apr-2001 142.2 162.8
May-2001 149.6 170.5
Jun-2001 148.2 168.6
Jul-2001 137.5 156.8
Aug-2001 139.0 158.5
Sep-2001 149.5 169.8
Oct-2001 134.8 153.7
Nov-2001 125.9 143.7
Dec-2001 116.7 133.7
Jan-2002 115.3 131.8
Feb-2002 115.2 131.2
Mar-2002 123.0 139.3
Apr-2002 130.9 147.4
May-2002 130.5 147.0
Jun-2002 128.6 144.7
Jul-2002 129.9 146.1
Aug-2002 132.8 148.8
Sep-2002 141.1 157.8
Oct-2002 146.2 163.2
Nov-2002 142.0 158.6
Dec-2002 142.9 159.9
Jan-2003 148.8 165.8
Feb-2003 165.4 183.0
Mar-2003 170.8 187.8
Apr-2003 153.3 168.8
May-2003 145.1 160.2
Jun-2003 142.4 157.0
Jul-2003 143.5 158.0
Aug-2003 148.7 163.1
Sep-2003 146.7 160.4
Oct-2003 148.1 162.1
Nov-2003 148.2 162.7
Dec-2003 149.0 163.7
Jan-2004 155.1 169.6
Feb-2004 158.2 172.0
Mar-2004 162.9 176.1
Apr-2004 169.2 182.3
May-2004 174.6 187.0
Jun-2004 171.1 182.7
Jul-2004 173.9 185.9
Aug-2004 183.3 195.9
Sep-2004 191.7 204.4
Oct-2004 213.4 226.4
Nov-2004 214.7 227.6
Dec-2004 200.9 213.8
Jan-2005 195.9 208.0
Feb-2005 202.7 214.0
Mar-2005 221.4 231.9
Apr-2005 229.2 238.5
May-2005 219.9 229.0
Jun-2005 229.0 238.4
Jul-2005 237.3 245.9
Aug-2005 250.0 257.8
Sep-2005 281.9 287.1
Oct-2005 309.5 314.6
Nov-2005 257.3 263.7
Dec-2005 244.3 251.4
Jan-2006 246.7 252.0
Feb-2006 247.5 252.3
Mar-2006 255.9 259.3
Apr-2006 272.8 274.2
May-2006 289.7 289.7
Jun-2006 289.8 289.2
Jul-2006 293.4 291.9

Sources: Diesel price: U.S. Department of Energy, Energy Information Agency, U.S. Petroleum Prices, available at www.eia.doe.gov as of September 5, 2006.

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 September 5, 2006.

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