Diesel average is up for seventh straight week, reports EIA
With a 1.4-cent increase, the diesel average came in at $3.171, ahead of last week’s $3.157 average. What’s more, during this seven-week stretch of increases, the average has been above the $3 per gallon mark. And during that span the average has risen a cumulative 16.1 cents.
The average price per gallon of diesel gasoline rose for the seventh consecutive week, according to data issued by the Department of Energy’s Energy Information Administration (EIA) this week.
With a 1.4-cent increase, the diesel average came in at $3.171, ahead of last week’s $3.157 average. What’s more, during this seven-week stretch of increases, the average has been above the $3 per gallon mark. And during that span the average has risen a cumulative 16.1 cents.
Compared to the same week a year ago, the national diesel average is up 60.6 cents.
West Texas Intermediate (WTI) crude oil is currently trading at $70 per barrel on the New York Mercantile Exchange. This marks the first time WTI crude has eclipsed the $70 per barrel mark going back to November 2014.
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