The national average price per gallon of diesel gasoline headed up for the third time in four weeks, according to data issued this week by the Department of Energy’s Energy Information Administration (EIA).
With a 2.1-cent increase, the average price per gallon came in at $3.406, following a 1.3-cent increase, to $3.385, which came on the heels of a 0.001-cent decrease, to $3.372, for the week ending September 13, and a 3.4-cent gain, to $3.373, for the week ending September 6, and a 1.5-cent increase, to $3.339, for the week of August 30.
This activity was preceded by a 3.2-cent decline, to $3.324 per gallon, for the week of August 23, a 0.008-cent decrease, to $3.356 per gallon, for the week of August 16. That followed 0.003-cent decrease, to $3.364, for the week of August 9. Those two consecutive weeks of minimal decreases were preceded by a 2.5-cent increase, to $3.367, for the week of August 2, which was preceded by a 0.02-cent decline, to $3.342, for the week of July 26, the first decline it saw in 12 weeks, at the time.
Compared to the same week a year ago, this week’s national average is up $1.012, topping the 98.1-cent annual spread for the week of September 20.
The national average again topped the $3 per gallon mark for the 26th consecutive week, going back to the week of March 1, when it came in at $3.072 per gallon. And before the week of March 1, the national average had been below the $3 per gallon mark since the week of February 2, 2020, when it posted an average of $2.956.
West Texas Intermediate Crude oil is currently trading at $75.75 on the New York Mercantile Exchange.