The national average price per gallon of diesel gasoline saw its first weekly decline after four consecutive weeks of gains, according to data recently issued by the Department of Energy’s Energy Information Administration (EIA).
With a 7.8-cent decrease, the national average, for the week of October 21, came in at $3.553. This followed a 4.7-cent increase, to $3.631, for the week of October 14, which was preceded by a$0.04-cent increase, to $3.584, for the week of October 7. That was preceded by a 0.005-cent increase, to $3.544, for the week of September 30, and a 1.3-cent increase, to $3.539, for the week of September 23.
For that four-week period, the national average saw a cumulative 10.5-cent increase. And prior to that the national diesel average fell a cumulative 33.9 cents, from the 10-week period, from the week of July 15 through September 9.
On an annual basis, the national average is off 99.2 cents, steeper than the 81.3-cent annual difference last week.
WTI Crude is currently trading at $71.78 on the New York Mercantile Exchange, up from $70.45 a week ago at this time.
