The national average price per gallon of diesel gasoline declined for the sixth consecutive week, according to data issued today by the Department of Energy’s Energy Information Administration (EIA).
Falling 6.0-cents, the national average came in at $3.536 per gallon, for the week of May 19, following a 2.1-cent decline, to $3.476, for the week of May 12, a 1.7-cent decline, to $3.497, for the week of May 5. This was preceded by a 2.0-cent decline, for the week of April 28, following a 4.5-cent decline, to $3.534, for the week of April 21, and a 6.0-cent decline, to $3.579, for the week of April 14.
Those six weeks of declines were preceded by a 4.7-cent increase, to $3.639, for the week of April 7, 2.5-cent increase, to $3.592, for the week of March 31, and a 1.8-cent increase, for the week of March 24, to $3.567.
On an annual basis, the national average is down 25.3 cents, below the 37.2- and 39.7-cent annual declines seen over the previous two weeks,
WTI Crude is currently trading at $62.19 on the New York Mercantile Exchange, down from $63.54 a week ago at this time.
