National diesel average falls, for the week of July 6, reports EIA

The national average price per gallon of diesel gasoline was down, for the week of July 3, according to data issued this week by the Department of Energy’s Energy Information Administration (EIA).

EIA reported that the national average fell 3.4 cents, to $3.767 per gallon, marking the 10^th consecutive week that the national average fell below the $4.00 per gallon mark. This represents thew lowest weekly average going back to the week of January 17, 2022, when it checked in at $3.725 per gallon.

This follows a 1.4-cent decline, to $3.801, for the week of June 26, which was preceded by matching 0.003-cent declines, for the weeks of June 12 and June 19, to $3.794 and $3.815, respectively. That was preceded by a 5.8-cent decline, for the week of June 5, to $3.797, which was preceded by a 2.8-cent decline to $3.855 per gallon, for the week of May 29, a 1.4-cent decline, to $3.883, for the week of May 22, a 2.5-cent decline, to $3.897 per gallon, for the week of May 15 and a 9.6-cent decline, to $3.922, for the week of May 8, which represented its largest weekly decline since a 9.5-cent drop to $4.444, for the week of February 13.

The national diesel average has seen decreases in 20 of the last 22 weeks, according to EIA data.

Compared to the same week a year ago, the national average is down $1.908, less than the $1.982 annual decrease last week. And the average price per barrel of WTI crude oil is currently at $70.80 on the New York Mercantile Exchange, up from $68.91 a week ago at this time.