National diesel average is up for sixth straight week, reports EIA
The national average price per gallon for diesel gasoline saw an increase for the sixth consecutive week, according to data issued this week by the Department of Energy’s Energy Information Administration (EIA).
For the week of June 7, the national diesel average headed up $0.019 cents, to $3.274 per gallon, topping the weeks ending May 24, May 17, and May 10, at $3.255, $3.253, and $3.249, respectively.
The national average topped the $3 per gallon mark for the 14th 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 $69.77 on the New York Mercantile Exchange.
In its Short-Term Energy Outlook, the EIA is pegging the average price per gallon of diesel to come in at $2.97 in 2021, with 2022 forecasted at $2.92. For WTI Crude, it is calling for the 2021 average to be $58.91, with 2022 at $56.99.
