National diesel average sees 21.0-cent gain, for the week of February 12, reports EIA

The national diesel gasoline average, for the week of February 12, saw significant gains on various levels, according to data issued this week by the Department of Energy’s Energy Information Administration (EIA).

The national average, at $4.109 per gallon, rose 21.0 cents, compared to week of February 5, which was up 3.2 cents, to $3.867, and the week of January 29, which was up 2.9 cents, to $3.838. That was preceded by a 3.5-cent increase, to $3.863 per gallon, for the week of January 15, a 4.8-cent decrease, to $3.828, for the week of January 8, and a 3.8-cent decrease, to $3.876, for the week of January 1. At that time, it marked the first weekly increase since the week of December 25, which saw a 2.0-cent increase, to $3.914, and snapped an eight-week stretch of declines, for a total of 56.0 cents over that period.

This tally marked the first week that the national average topped the $4 per gallon mark in 10 weeks, going back to the week of December 4, when it checked in at $4.092. And it also marks the largest weekly gain since the 22.2-cent gain, from $3.905 per gallon to $4.127 per gallon, from the week of July 24 to the week of July 31.

Compared to the same week a year ago, the national average was down 33.5 cents, well below annual decreases over the previous two weeks, at 64.0 cents and 75.5 cents, respectively. The average price per barrel of WTI crude is currently trading at $77.13, down from a reading of $73.47 per barrel a week ago at this time.