The EIA’s weekly retail fuel data released June 23, 2026 confirmed diesel at $4.832 per gallon for the week ending June 22, 2026, per EIA via FRED (Source: EIA via FRED, June 23, 2026). That is the fifth consecutive weekly decline from the April peak above $5.80 and the first reading below $5.00 since before the supply disruptions that drove the spring price spike. When the EIA released its June Short-Term Energy Outlook on June 9, the full-year 2026 diesel forecast was $3.40 per gallon. As of June 22, the market has moved to within alignment with that projection.
The five-week decline in numbers: the week of April 21 was $5.80 at peak. The week of April 28 confirmed $5.639. The week of May 25 confirmed $5.523. The week of June 8 confirmed $5.21. The week of June 15 confirmed $5.059. The week of June 22 confirmed $4.832. Each week lower than the last. The direction has been consistent and the June 22 reading crosses the threshold that matters most for contractor budget planning, below $5.00 is a meaningfully different reference point than above it.
“US Retail Diesel Price: 4.832 USD/gal for the week of June 22, 2026.” Source: EIA via ycharts · ycharts.com · June 23, 2026
For Texas contractors managing aggregate delivery costs, the practical implication is direct. Any delivered material quote issued between mid-April and mid-June at pricing that reflected $5.40 to $5.80 diesel is now significantly above the current market. Hauling surcharge tables typically lag spot price changes by one to three weeks. Quotes from the April-through-May period may still have elevated surcharge components built in. Getting a current delivered aggregate price captures the actual market rather than a number calibrated to peak conditions.
For Q3 project budgets specifically, the sub-$5.00 diesel reading changes the working assumption from the May STEO level of $4.94 Q3 average toward a trajectory that may come in below that. The July 7 STEO will be the next full forecast update. Between now and then, the June 22 weekly reading of $4.832 is the most current data available [Market Intelligence]. Contractors finalizing Q3 budgets should use a current delivered quote as the input rather than any estimate built during the elevated period.
Diesel is below $5.00 for the first time since the spring spike. Five consecutive weekly declines confirm the direction. A current delivered aggregate quote is the only way to capture where the market actually is right now.