The national average price per gallon for diesel gasoline saw an increase for the fifth consecutive week, according to data issued this week by the Department of Energy’s Energy Information Administration (EIA).
For the week of May 31, the national average came in at $3.255 per gallon, topping the week ending May 24, at $3.253, by $0.002, and also topping the weeks ending May 17 and May 10, at $3.249 and $3.186, respectively.
That was preceded by the week ending May 3, at $3.142. The national average price per gallon for diesel gasoline saw an increase for the fourth consecutive week, according to data issued this week by the Department of Energy’s Energy Information Administration (EIA).
The national average topped the $3 per gallon mark for the 13th consecutive week, going back to the week of March 1, when it came in at $3.072 per gallon.
And before the week of March 1, the national average had been below the $3 per gallon mark since the week of February 2, 2020, when it posted an average of $2.956.
West Texas Intermediate Crude oil is currently trading at $68.10 on the New York Mercantile Exchange.
In its Short-Term Energy Outlook, the EIA is pegging the average price per gallon of diesel to come in at $2.97 in 2021, with 2022 forecasted at $2.92. For WTI Crude, it is calling for the 2021 average to be $58.91, with 2022 at $56.99.