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Figure 5-2. Monthly Diesel Prices: 1997-2007 (Cents Per Gallon)

Diesel prices were about 80 percent higher in June 2007 than 10 years earlier (in inflation-adjusted terms). Over that period prices bottomed out in February 1999 at $1.21 a gallon (in $ July 2007).

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

Chart in PDF format [2.1MB]

Data represented in the figure
Table in Excel format | Historical data

Date Current Price Real Price
(July 2006 dollars)
Jan-1997129.1169.0
Feb-1997128.0167.1
Mar-1997122.9160.1
Apr-1997121.2157.7
May-1997119.6155.6
Jun-1997117.3152.4
Jul-1997115.1149.4
Aug-1997116.5150.9
Sep-1997116.0149.9
Oct-1997118.3152.5
Nov-1997119.2153.7
Dec-1997116.6150.6
Jan-1998112.0144.3
Feb-1998108.4139.5
Mar-1998106.3136.5
Apr-1998106.7136.8
May-1998106.9136.8
Jun-1998104.1133.1
Jul-1998102.9131.3
Aug-1998100.7128.5
Sep-1998102.4130.4
Oct-1998103.9131.9
Nov-1998102.2129.9
Dec-199897.3123.7
Jan-199996.7122.6
Feb-199995.9121.5
Mar-199999.7125.9
Apr-1999107.9135.3
May-1999107.3134.6
Jun-1999107.4134.6
Jul-1999112.2140.2
Aug-1999117.2146.1
Sep-1999121.5150.7
Oct-1999122.8152.1
Nov-1999126.3156.4
Dec-1999129.2159.9
Jan-2000135.6167.4
Feb-2000146.1179.2
Mar-2000147.9180.0
Apr-2000142.2172.9
May-2000142.0172.5
Jun-2000142.1171.8
Jul-2000143.4172.9
Aug-2000146.6176.8
Sep-2000163.7196.4
Oct-2000163.7196.0
Nov-2000162.1194.0
Dec-2000156.5187.4
Jan-2001152.4181.3
Feb-2001149.2176.9
Mar-2001139.9165.5
Apr-2001142.2167.5
May-2001149.6175.4
Jun-2001148.2173.4
Jul-2001137.5161.4
Aug-2001139.0163.1
Sep-2001149.5174.7
Oct-2001134.8158.1
Nov-2001125.9147.8
Dec-2001116.7137.6
Jan-2002115.3135.6
Feb-2002115.2135.0
Mar-2002123.0143.4
Apr-2002130.9151.7
May-2002130.5151.3
Jun-2002128.6148.9
Jul-2002129.9150.3
Aug-2002132.8153.1
Sep-2002141.1162.4
Oct-2002146.2168.0
Nov-2002142.0163.2
Dec-2002142.9164.6
Jan-2003148.8170.6
Feb-2003165.4188.2
Mar-2003170.8193.2
Apr-2003153.3173.7
May-2003145.1164.8
Jun-2003142.4161.5
Jul-2003143.5162.6
Aug-2003148.7167.8
Sep-2003146.7165.0
Oct-2003148.1166.8
Nov-2003148.2167.4
Dec-2003149.0168.4
Jan-2004155.1174.5
Feb-2004158.2177.0
Mar-2004162.9181.2
Apr-2004169.2187.5
May-2004174.6192.4
Jun-2004171.1188.0
Jul-2004173.9191.2
Aug-2004183.3201.5
Sep-2004191.7210.3
Oct-2004213.4232.9
Nov-2004214.7234.2
Dec-2004200.9220.0
Jan-2005195.9214.0
Feb-2005202.7220.2
Mar-2005221.4238.6
Apr-2005229.2245.4
May-2005219.9235.7
Jun-2005229.0245.3
Jul-2005237.3253.0
Aug-2005250.0265.2
Sep-2005281.9295.4
Oct-2005309.5323.7
Nov-2005257.3271.3
Dec-2005244.3258.6
Jan-2006246.7259.2
Feb-2006247.5259.5
Mar-2006255.9266.8
Apr-2006272.8282.1
May-2006289.7298.0
Jun-2006289.8297.5
Jul-2006293.4300.4
Aug-2006304.5311.1
Sep-2006278.3285.8
Oct-2006251.9260.1
Nov-2006254.5263.1
Dec-2006261.0269.5
Jan-2007248.5255.7
Feb-2007248.8254.8
Mar-2007266.7270.6
Apr-2007283.4285.7
May-2007279.6280.2
Jun-2007280.8280.8
Jul-2007286.8U

KEY: U = data are not available.

Sources: Diesel price: U.S. Department of Energy, Energy Information Agency, U.S. Petroleum Prices, available at www.eia.doe.gov as of August 6, 2007. 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 August 6, 2007.


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