National diesel average falls 8.2 cents, to $4.294 per gallon, reports EIA

The national average price per gallon of diesel gasoline decreased, for the week of February 27, according to data issued this week by the Department of Energy’s Energy Information Administration (EIA).

With an 8.2-cent decline, the national average came in at $4.294 per gallon, following an 8.2-cent decrease, to $4.376, for the week of November 20, and a 9.5-cent decrease to, $4.444 per gallon, for the week of February 13. Those declines were preceded by a 1.8-cent increase, to $4.622 per gallon, for the week of January 30 and an 8.0-cent increase, to $4.604, for the week of January 23, with a 2.5-cent decline, to $4.524, for the week of January 16.  

The national average has fallen a cumulative $1.019 cents going back to the week of November 14, seeing decreases in 12 weeks over that 16-week period.

Compared to the same week a year ago, this week’s diesel average is up $0.19. WTI crude oil is currently trading at $77.64 per barrel on the New York Mercantile Exchange.