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Wednesday, February 4, 2026

National diesel average sees its steepest decline in nearly a year

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The national average price per gallon of diesel gasoline fell for the third straight week, according to data issued today by the Department of Energy’s Energy Information Administration (EIA).

With a 9.3-cent decline, the national average came in at $3.665 per gallon, following a 7.3-cent decline, to $3.758, for the week of December 1, and a 3.7-cent decline, to $3.831, for the week of November 24, for a cumulative 20.3-cent decline over that span. The 9.3-cent decline is the steepest since the week of December 9, 2024, when it fell 8.2 cents, to $3.458 per gallon.

The last three weeks of declines were preceded by four weeks of gains, including: a 3.1-cent gain, to $3.868, for the week of November 17;  an 8.4-cent increase, to $3.837, for the week of November 10, a 3.5-cent increase, to $3.753, for the week of November 3, and a 9.9-cent increase, to $3.718, for the week of October 27, with the national average rising a cumulative 24.9 cents over that period.

These gains were preceded by a 4.5-cent decline, to $3.620, for the week of October 20, a 4.6-cent decline, to $3.665, for the week of October 13, and a 4.3-cent decrease, to $3.711, for the week of October 6, for a collective 13.4-cent decline over that three-week period. Which was preceded by a $0.005-cent increase, to $3.754, for the week of September 29, and a $0.01-cent increase, to $3.749, for the week of September 22.

Before that, the national average saw a 2.7-cent decline, to $3.739, for the week of September 15, a 3.2-cent increase, to $3.7666, for the week of September 8, and a 2.6-cent increase, to $3.734, for the week of September 1, and hitting its highest weekly average since the week of July 28, at $3.805.

On an annual basis, the national average rose 20.7 cents, below the 21.8-cent annual increase a week ago.

WTI Crude is currently trading at $58.48 per barrel on the New York Mercantile Exchange.  

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