The national average price per gallon of diesel gasoline saw another week of declines, for the week of June 26, according to data issued this week by the Department of Energy’s Energy Information Administration (EIA).
EIA reported that the national average fell 1.4 cents, to $3.801, marking the ninth consecutive week the national average fell below the $4.00 per gallon mark.
This decrease follows 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 9.6-cent decrease, for the week of May 8, followed a 5.9-cent decrease, to $4.018, for the week of May 1. And the national average has fallen a cumulative 72.3 cents going back to the week of January 16, when it stood at $4.524 per gallon. And over the last 10 weeks, from the week of April 24, when the national average stood at $4.077, to the week of June 12, it has fallen a cumulative 27.6 cents.
Compared to the same week a year ago, the national average is down $1.982. And the average price per barrel of WTI crude oil is currently at $68.91 on the New York Mercantile Exchange.