Freight Facts and Figures 2008
Figure 5-2. Monthly Diesel Prices: January 1998-July 2008
Diesel prices were about 236 percent higher in June 2008 than 10 years earlier (in inflation-adjusted terms).
[PDF 256KB]
Data represented in the figure.
Cents per gallon
| Date | Current Price | Real Price (June 2008 dollars) |
|---|---|---|
| Jan-1998 | 112.0 | 151.0 |
| Feb-1998 | 108.4 | 146.0 |
| Mar-1998 | 106.3 | 142.8 |
| Apr-1998 | 106.7 | 143.1 |
| May-1998 | 106.9 | 143.1 |
| Jun-1998 | 104.1 | 139.2 |
| Jul-1998 | 102.9 | 137.4 |
| Aug-1998 | 100.7 | 134.4 |
| Sep-1998 | 102.4 | 136.5 |
| Oct-1998 | 103.9 | 138.0 |
| Nov-1998 | 102.2 | 135.9 |
| Dec-1998 | 97.3 | 129.4 |
| Jan-1999 | 96.7 | 128.2 |
| Feb-1999 | 95.9 | 127.1 |
| Mar-1999 | 99.7 | 131.7 |
| Apr-1999 | 107.9 | 141.6 |
| May-1999 | 107.3 | 140.8 |
| Jun-1999 | 107.4 | 140.9 |
| Jul-1999 | 112.2 | 146.7 |
| Aug-1999 | 117.2 | 152.9 |
| Sep-1999 | 121.5 | 157.7 |
| Oct-1999 | 122.8 | 159.2 |
| Nov-1999 | 126.3 | 163.6 |
| Dec-1999 | 129.2 | 167.3 |
| Jan-2000 | 135.6 | 175.1 |
| Feb-2000 | 146.1 | 187.5 |
| Mar-2000 | 147.9 | 188.3 |
| Apr-2000 | 142.2 | 180.9 |
| May-2000 | 142.0 | 180.5 |
| Jun-2000 | 142.1 | 179.7 |
| Jul-2000 | 143.4 | 180.9 |
| Aug-2000 | 146.6 | 184.9 |
| Sep-2000 | 163.7 | 205.4 |
| Oct-2000 | 163.7 | 205.1 |
| Nov-2000 | 162.1 | 203.0 |
| Dec-2000 | 156.5 | 196.0 |
| Jan-2001 | 152.4 | 189.7 |
| Feb-2001 | 149.2 | 185.0 |
| Mar-2001 | 139.9 | 173.1 |
| Apr-2001 | 142.2 | 175.2 |
| May-2001 | 149.6 | 183.5 |
| Jun-2001 | 148.2 | 181.5 |
| Jul-2001 | 137.5 | 168.8 |
| Aug-2001 | 139.0 | 170.7 |
| Sep-2001 | 149.5 | 182.8 |
| Oct-2001 | 134.8 | 165.4 |
| Nov-2001 | 125.9 | 154.7 |
| Dec-2001 | 116.7 | 143.9 |
| Jan-2002 | 115.3 | 141.9 |
| Feb-2002 | 115.2 | 141.2 |
| Mar-2002 | 123.0 | 150.0 |
| Apr-2002 | 130.9 | 158.7 |
| May-2002 | 130.5 | 158.3 |
| Jun-2002 | 128.6 | 155.8 |
| Jul-2002 | 129.9 | 157.3 |
| Aug-2002 | 132.8 | 160.2 |
| Sep-2002 | 141.1 | 169.9 |
| Oct-2002 | 146.2 | 175.7 |
| Nov-2002 | 142.0 | 170.7 |
| Dec-2002 | 142.9 | 172.2 |
| Jan-2003 | 148.8 | 178.5 |
| Feb-2003 | 165.4 | 197.0 |
| Mar-2003 | 170.8 | 202.1 |
| Apr-2003 | 153.3 | 181.8 |
| May-2003 | 145.1 | 172.4 |
| Jun-2003 | 142.4 | 169.0 |
| Jul-2003 | 143.5 | 170.1 |
| Aug-2003 | 148.7 | 175.5 |
| Sep-2003 | 146.7 | 172.6 |
| Oct-2003 | 148.1 | 174.5 |
| Nov-2003 | 148.2 | 175.1 |
| Dec-2003 | 149.0 | 176.2 |
| Jan-2004 | 155.1 | 182.6 |
| Feb-2004 | 158.2 | 185.2 |
| Mar-2004 | 162.9 | 189.5 |
| Apr-2004 | 169.2 | 196.2 |
| May-2004 | 174.6 | 201.3 |
| Jun-2004 | 171.1 | 196.7 |
| Jul-2004 | 173.9 | 200.1 |
| Aug-2004 | 183.3 | 210.8 |
| Sep-2004 | 191.7 | 220.0 |
| Oct-2004 | 213.4 | 243.7 |
| Nov-2004 | 214.7 | 245.0 |
| Dec-2004 | 200.9 | 230.2 |
| Jan-2005 | 195.9 | 223.9 |
| Feb-2005 | 202.7 | 230.4 |
| Mar-2005 | 221.4 | 249.7 |
| Apr-2005 | 229.2 | 256.7 |
| May-2005 | 219.9 | 246.6 |
| Jun-2005 | 229.0 | 256.6 |
| Jul-2005 | 237.3 | 264.7 |
| Aug-2005 | 250.0 | 277.5 |
| Sep-2005 | 281.9 | 309.1 |
| Oct-2005 | 309.5 | 338.7 |
| Nov-2005 | 257.3 | 283.9 |
| Dec-2005 | 244.3 | 270.6 |
| Jan-2006 | 246.7 | 271.3 |
| Feb-2006 | 247.5 | 271.6 |
| Mar-2006 | 255.9 | 279.2 |
| Apr-2006 | 272.8 | 295.1 |
| May-2006 | 289.7 | 311.8 |
| Jun-2006 | 289.8 | 311.3 |
| Jul-2006 | 293.4 | 314.3 |
| Aug-2006 | 304.5 | 325.6 |
| Sep-2006 | 278.3 | 299.0 |
| Oct-2006 | 251.9 | 272.1 |
| Nov-2006 | 254.5 | 275.3 |
| Dec-2006 | 261.0 | 282.0 |
| Jan-2007 | 248.5 | 267.6 |
| Feb-2007 | 248.8 | 266.6 |
| Mar-2007 | 266.7 | 283.1 |
| Apr-2007 | 283.4 | 298.9 |
| May-2007 | 279.6 | 293.1 |
| Jun-2007 | 280.8 | 293.8 |
| Jul-2007 | 286.8 | 300.2 |
| Aug-2007 | 286.9 | 300.8 |
| Sep-2007 | 295.3 | 308.8 |
| Oct-2007 | 307.5 | 320.8 |
| Nov-2007 | 339.6 | 352.2 |
| Dec-2007 | 334.1 | 346.8 |
| Jan-2008 | 330.8 | 341.6 |
| Feb-2008 | 337.7 | 347.8 |
| Mar-2008 | 388.1 | 396.2 |
| Apr-2008 | 408.4 | 414.4 |
| May-2008 | 442.5 | 445.3 |
| Jun-2008 | 467.7 | 467.7 |
| Jul-2008 | 470.3 | U |
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 8, 2008.
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 8, 2008.
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