The national average price per gallon of diesel gasoline saw another decline, for the week of March 27, according to data issued this week by the Department of Energy’s Energy Information Administration (EIA).
The national average fell 5.7 cents, to $4.128 per gallon, following a 6.2-cent decline, to $4.185, for the week of March 20, which came after a 3.5-cent decline, to $4.247, for the week of March 13. This was preceded by a 1.2-cent decrease, to $4.282, for the week of March 6, an 8.2-cent decline, to $4.294, for the week of February 27 and another 8.2-cent decrease, to $4.376, for the week of February 20, and a 9.5-cent decrease to, $4.444 per gallon, for the week of February 13. Those declines were preceded by a 1.8-cent increase, to $4.622 per gallon, for the week of January 30 and an 8.0-cent increase, to $4.604, for the week of January 23, with a 2.5-cent decline, to $4.524, for the week of January 16.
The national average has fallen a cumulative 77.4 cents going back to the week of November 14, seeing decreases in 17 weeks over that 20-week period.
Compared to the same week a year ago, this week’s diesel average is up $1.057 annually. WTI crude oil is currently trading at $73.10 per barrel on the New York Mercantile Exchange.