National diesel average heads up again, for the week of October 25, reports EIA

The national average price per gallon of diesel gasoline saw another increase, for the week of October 25, according to data issued this week by the Department of Energy’s Energy Information Administration (EIA).

With a 4.2-cent increase, the national diesel average came in at $3.713 per gallon. This increase was roughly half of the 8.5-cent increase, to $3.671, for the week of October 18. Even with the sequential decline, this week’s tally marks the highest weekly average going back to the week of December 1, 2014, when it came in at $3.605 per gallon.

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 up $1.328 per gallon annually, topping the annual spread, for the week of October 18, at $1.283.

West Texas Intermediate Crude oil is currently trading at $84.23 on the New York Mercantile Exchange.