National diesel average sees a slight gain, for the week of November 15, reports EIA

The national average price per gallon of diesel gasoline headed up, for the week of November 15, according to data issued this week by the Department of Energy’s Energy Information Administration (EIA).

With a slight 0.004-cent increase, the national average came in at $3.734, continuing an ongoing stretch of gains, following a 0.003-cent increase, to $3.730 per gallon, for the week of November 8, a 1.4-cent increase, to $3.727 per gallon, for the week of November 1, a the 4.2-cent increase, to $3.713 per gallon, for the week of October 25, and the 8.5-cent increase, to $3.671, for the week of October 18.

This 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 $1.239 annually, trailing the $1.347 annual spread, for the week of November 8.

West Texas Intermediate Crude oil is currently trading at $80.65 on the New York Mercantile Exchange.