The average price per gallon for diesel gasoline saw its first increase in 14 weeks, according to data issued by the Department of Energy’s Energy Information Administration this week.
With a 2 cent gain to $2.534 per gallon, the national weekly average price is up for the first time since it increased from $2.904 the week of May 18 to $2.914 the week of May 25.
During the 14-week stretch of declines from May 25 to August 31, the cumulative price of diesel dropped 40 cents, with the $2.514 average recorded the week of August 31 standing as the lowest weekly price since July 27, 2009, when it was at $2.542.
Oil is currently trading at $48.82 per barrel on the New York Mercantile Exchange at press time.