National diesel average heads up for eighth consecutive week

The national average price per gallon for diesel gasoline saw an increase for the eighth consecutive week, according to data issued this week by the Department of Energy’s Energy Information Administration (EIA).

For the week of June 21, the national diesel average eked out a $0.001-cent increase, to $3.287 per gallon, topping the weeks ending June 14, June 7, and May 31, at $3.286. $3.274, and $3.255, respectively.

Compared to the same week a year ago, this week’s national average is up 86.2 cents, topping the annual spread of 88.3 cents, for the week of June 14.

The national average topped the $3 per gallon mark for the 16th 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 $73.59 on the New York Mercantile Exchange.