The national average weekly price per gallon of diesel gasoline declined, for the fifth consecutive week, according to data issued this week by the Department of Energy’s Energy Information Administration (EIA).
With a slight 0.005-cent decline, the national average came in at $3.708, following a 4.1-cent decline, to $3.713, for the week of August 18, a 4.6-cent decline, to $3.754, for the week of August 11, a 0.005-cent decline, to $3.800, for the week of August 4, and a 0.007-cent decrease, to $3.805, for the week of July 28, for a cumulative 9.2-cent gain over that period.
Those four weeks of declines were preceded by a 5.4-cent increase, to $3.812, for the week of July 21, a 1.9-cent increase, to $3.758, for the week of July 14, a 1.2-cent increase, to $3.739, for the week of July 7, and a 4.8-cent decline, to $3.727, for the week of June 30.
On an annual basis, the national average is up 5.7 cents, ahead of a 2.5-cent annual increase last week. WTI crude is currently trading at $63.64 on the New York Mercantile Exchange, up from $62.84 a week ago at this time.
