National diesel average falls for eighth consecutive week, reports EIA

The national average price per gallon of diesel gasoline dropped for the eighth consecutive week, according to data issued late yesterday by the Department of Energy’s Energy Information Administration (EIA).

With a $0.002-cent decrease, the national average came in at $3.613 per gallon, following a $1.1-cent decrease, to $3.615 per gallon, for the week of December 27, a $2.3-cent decrease to $3.626 per gallon, for the week of December 20, a $2.5 cent decrease to $3.649, for the week of December 13, and a $2.5 cent decrease, to $3.674, for the week of December 6.  

For the week of October 11, the national diesel average increased 10.9-cents, which represented the highest single increase, since September 4, 2017, which saw a 15.3-cent increase, due to Hurricane Harvey.  

That was preceded by a 7.1-cent increase, to $3.477 per gallon, for the week of October 4, which, at the time, marked its highest weekly increase since the week of March 8, when it also headed up 7.1 cents.

This week’s national diesel average is down $0.002-cents annually. And West Texas Intermediate Crude oil is currently trading at $77.23 on the New York Mercantile Exchange.