The Department of Energy’s Energy Information Administration (EIA) reported this week that the national average price per gallon of diesel gasoline rose for the second consecutive week.
With a 0.001-cent gain, this week’s average is $3.074. This marks the third time over the last six weeks that the national average has seen a gain, with declines occurring in three of the previous five weeks.
A week ago the national average was up 1.1 cents, which followed a 0.002-cent decline, a 0.014-cent gain, and a decline of 0.001-cents.
On an annual basis, this week’s average is down 20.8 cents, which marks an improvement over last week’s 24.4-cent annual spread.
West Texas Intermediate Crude Oil is currently trading at $55.98 per barrel on the New York Mercantile Exchange.