Following five straight weeks of increases, the national average price per gallon of diesel gasoline declined for the first time in six weeks, according to data issued by the Department of Energy’s Energy Information Administration (EIA) this week.
With a 1.1-cent decrease, the national diesel average came in at $3.160 per gallon. This follows gains of 0.002 cents, 2.2-cents, 2.7-cents, and 2.5-cents, respectively over the previous three weeks.
Even with this decline, the national average has seen gains in ten of the last 13 weeks, and this week also marked the 13th consecutive week that the national diesel average has topped the $3 per gallon mark.
Prior to that, the average had been below the $3 per gallon mark for five weeks, and before that stretch, the last time that the national average dipped below the $3 per gallon mark was the week of March 19, 2018, when it was at $2.972.
West Texas Intermediate Crude oil is currently trading at $61.89 per barrel on the New York Mercantile Exchange.