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.

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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.

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Article Topics

Diesel · Diesel Prices · EIA · All Topics
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