National diesel average falls for week of September 7, reports EIA

The national average price per gallon, for diesel gasoline, fell for the sixth time in the last eight weeks, according to data issued this week by the Department of Energy’s Energy Information Administration.

Falling 0.006-cents, the national average, for the week of September 7, came in at $2.435 per gallon. This followed a 0.015-cent increase, to $2.441 per gallon, for the week of August 31. This follows a 0.001-cent decrease, for the week of August 24, and a 0.001-cent decline, to $2.427, for the week of August 17. Those two weeks of mild declines were preceded by a 0.004-cent increase, to $2.428 per gallon, for the week of August 10. This followed a 0.03-cent decline to $2.424, for the week of August 3, and a 0.006-cent decline, to 2.427 per gallon, for the week of July 27.

The national diesel average has been below the $3 per gallon mark since the week ending February 2, when it posted an average of $2.956.

On an annual basis, this week’s national average is down 53.6 cents annually, which is even with last week’s 53.5-cent annual spread.

West Texas Intermediate Crude is currently trading at $37.08 per barrel on the New York Mercantile Exchange.