Diesel prices continued their upward climb this week, according to data issued by the Department of Energy’s Energy Information Administration (EIA).
With a 2.9-cent increase, the average price per gallon for diesel now stands at $3.133 per gallon, marking the fifth consecutive weekly increase. During this period, the average has seen a cumulative 16.1-cent increase and it has gone up 9.1 cents since the week of April 9.
What’s more, the diesel average has topped the $3 per gallon mark the last five weeks.
Compared to the same week a year ago, the national diesel average is up 41.9 cents, and the average price of West Texas Intermediate crude oil is at $68.73, up $5.72 over last week.