The national average price per gallon of diesel gasoline increased for the fourth time in the last five weeks, according to data issued this week by the Department of Energy’s Energy Information Administration (EIA).
Rising 1.6 cents, the national average, for the week of November 7, came in at $5.333 per gallon. This followed a 2.4-cent decline, to $5.317, for the week ending October 31, a 0.002-cent increase, to $5.341, for the week of October 24 and an 11.5-cent increase, to $5.339, for the week of October 17.
This followed a 5.3-cent decline, to $4.836. for the week of October 3, a 7.5-cent decline, to $4.889, for the week of September 26 and a 6.9-cent decline, to $4.964, for the week of September 19. Those declines were preceded by a 5.1-cent decline, to $5.033, for the week of September 12. For the week of September 5, the national diesel average dropped 3.1-cents, to $5.084, which was preceded by a 20.6-cent gain, for the week of August 29, to $5.115.
That gain was preceded by nine straight weeks of declines, from the week of June 27 through the week of August 22, which represented a cumulative decline of 87.4 cents.
Compared to the same week a year ago, this week’s diesel average is up $1.603, up from a $1.590 difference, for the week of October 31. Crude oil is currently trading at $91.47 on the New York Mercantile Exchange.