Diesel fuel prices are at their lowest levels since 2009.
According to AAA’s Daily Fuel Gauge Report, diesel fuel was cheaper than gasoline in 21 states while being significantly cheaper than Midgrade and Premium gasoline. In fact, in the state of California, diesel is 70 cents cheaper per gallon than Regular gasoline. If you’ve been mulling over the idea of purchasing an oil burner, you might also be surprised to hear that the total cost of owning a diesel vehicle is cheaper than a gasoline vehicle, a University of Michigan study recently found.
The current average price of diesel in the U.S. is $2.746, compared to the average price of Regular gasoline at $2.674. Stepping to Midgrade gas sees an average of $2.929 while Premium is currently at $3.130. The good news is, the prices are significantly less than the average a year ago, when regular gas cost $3.513 and Premium ran $3.879. Diesel fuel price has also dropped from an average of $3.844 a year ago.
More diesel options are also heading to U.S. dealerships within the next 18 months, including the Audi A4 TDI, Jeep Wrangler, Porsche Macan diesel, Mazda6 Skyactiv-D, and Volkswagen Golf SportWagen TDI. Pickup trucks heading to market as a 2016 model year include the Chevrolet Colorado, GMC Canyon and Nissan Titan.
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