The national average weekly price per gallon of diesel gasoline declined, for the third consecutive week, according to data issued today by the Department of Energy’s Energy Information Administration (EIA).
Falling 4.6 cents, the national average, for the week of August 11, came in at $3.754. This followed 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, 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.
This followed a 20.4-cent increase, to $3.775, for the week of June 23, a 10.0-cent increase, to $3.571, for the week of June 16, which, at that time, represented the largest weekly increase since the week ending August 1, 2023, when the national diesel average jumped 22.2 cents to $4.127. The national average, for the week of June 9, at $3.471, rose $0.02, with the gains over the three week-period, through June 23 up a cumulative 32.4 cents.
On an annual basis, the national average is up 5.0 cents, and WTI crude is currently trading at $63.25 on the New York Mercantile Exchange, down from $65.06 a week ago at this time.
