Diesel average is up for second straight week, reports EIA

With a 0.7-cent increase, the national diesel average now stands at $3.243. This follows a 2.0-cent increase from last week.

By ·

The average price per gallon of diesel gasoline increased for the second straight week, according to the Department of Energy’s Energy Information Administration (EIA).

With a 0.7-cent increase, the national diesel average now stands at $3.243. This follows a 2.0-cent increase from last week.

These recent gains come on the heels of a four-week stretch of declines, which saw the national diesel average fall a cumulative 7.2 cents, with declines of 2.8 cents, 2.2 cents, 1.9 cents, and 0.3 cents, respectively.

Prior to that four-week stretch of declines, the average price per gallon rose a cumulative 27.8 cents. Despite these declines, the diesel average has remained above the $3 per gallon mark since the week of March 26, when it was at $3.01 per gallon.

Compared to the same week a year ago, the national diesel average is up 76.2 cents.

West Texas Intermediate crude oil is currently trading at $73.72 on the New York Mercantile Exchange, which is down slightly from $73.72 last week.


Subscribe to Logistics Management Magazine!

Subscribe today. It's FREE!
Get timely insider information that you can use to better manage your entire logistics operation.
Start your FREE subscription today!

Article Topics

Diesel · Diesel Prices · EIA · All Topics
Latest Whitepaper
E-Fulfillment Study: Actions to Address Customer-Driven Complexity
Managing order fulfillment operations in the age of e-commerce means coping with all aspects of “more” for the customer.
Download Today!
From the November 2018 Logistics Management Magazine
If I were to share a single observation from this year’s CSCMP conference, it would be this: Nearly every conversation I had in Nashville touched on the motor carrier capacity crisis.
Land O’Lakes lock in Texas-based capacity
How will the tariff war with China affect U.S. container ports?
View More From this Issue
Subscribe to Our Email Newsletter
Sign up today to receive our FREE, weekly email newsletter!
Latest Webcast
The Future of Multi-Carrier Shipping Systems (Beyond the Shipping Label)
How confident are you that the shipping solution you have in place today will meet emerging delivery and customer service trends over the next five years? In this webinar transportation technology expert Ken Fleming, COO of Logistyx Technologies, discusses the key trends shaping supply chain delivery today and how they’re influencing shipping system requirements.
Register Today!
EDITORS' PICKS
Land O’Lakes lock in Texas-based capacity
Faced with the challenge of securing capacity in specific lanes, the iconic company broke with...
8th Annual Rail/Intermodal Roundtable: Work in progress
Volumes are strong and steady, service is improving, yet our panel of the nation’s foremost rail...

Transportation Best Practices and Trends: Frios’ cool solution for a hot seller
Gourmet ice pop maker adopts collaborative cold chain solution to keep profits from melting away due...
35th Annual Quest for Quality Awards: Scaling to new heights of service
Which carriers, third-party logistics providers and U.S. ports have reached the pinnacle of...