National diesel average falls, after two weeks of gains, reports EIA

The national average price per gallon of diesel gasoline decreased, following increases over the previous two weeks, according to data issued this week by the Department of Energy’s Energy Information Administration (EIA).

The national average price per gallon, for the week of October 6, fell 4.3 cents, to $3.711, for the week of October 6, which was preceded by a $0.005-cent increase, to $3.754, for the week of September 29, and a a $0.01-cent increase, to $3.749, for the week of September 22. Which was preceded by a 2.7-cent decline, to $3.739, for the week of September 15, a 3.2-cent increase, to $3.7666, for the week of September 8, and a 2.6-cent increase, to $3.734, for the week of September 1, and hitting its highest weekly average since the week of July 28, at $3.805.

The national average fell $0.005, to $3.708, for the week of August 25. Which was preceded by 4.1-cent decline, to $3.713, for the week of August 18, a 4.6-cent decline, to $3.754, for the week of August 11, a 0.005-cent decline, to $3.800, for the week of August 4, and a 0.007-cent decrease, to $3.805, for the week of July 28.

Those four weeks of declines were preceded by a 5.4-cent increase, to $3.812, for the week of July 21, a 1.9-cent increase, to $3.758, for the week of July 14, a 1.2-cent increase, to $3.739, for the week of July 7, and a 4.8-cent decline, to $3.727, for the week of June 30.

On an annual basis, the national average increased 12.7 cents, below the 21-cent annual increase recorded last week. WTI crude is currently trading at $61.49 New York Mercantile Exchange, down from $62.62 a week ago at this time.