National diesel average heads up to kick off 2020, reports EIA
With a 1.0-cent increase, the national weekly diesel average came in at $3.079 per gallon, topping the week ending December 30 at $3.069.
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The Department of Energy’s Energy Information Administration (EIA) reported yesterday that the national average price per gallon of diesel gasoline saw an increase for the week ending January 6.
With a 1.0-cent increase, the national weekly diesel average came in at $3.079 per gallon, topping the week ending December 30 at $3.069. This followed a 0.005-cent decline from the week of December 16, at $3.046, to the week of December 23, at $3.041.
That decline was preceded by a 0.003-cent decline, from December 9 to December 16, a 2.1-cent decline the week of December 9, and a 0.004-cent increase for the week ending December 2 to $3.070 per gallon.
On an annual basis, this week’s average is up 6.6 cents, topping last week’s 2.8-cent annual spread.
West Texas Intermediate crude oil is currently trading at $62.53 per barrel on the New York Mercantile Exchange.
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