The national diesel average is creeping upward

FuelNuts & BoltsInflationMoney MattersSales
Written By Jennifer Joslyn

⛽️ The national diesel average is creeping upward.

For the second week in a row, the Department of Energy’s Energy Information Administration (EIA) has reported there was an increase in the national average price per gallon of diesel gasoline. Inclining 1.8 cents, the national average came to $4.622 per gallon. This 1.8-cent increase follows last week’s 8-cent increase. Compared to this time last year, the price of diesel is up 77.6 cents.

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After a ten-week drop in diesel prices, there has been a sudden increase of 1.8 cents, which is concerning, as it may lead to a recession.

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Just this week, diesel prices have declined 6.2 cents. This dip has lowered the national average to less than $4.2 per gallon, and the per-barrel oil price dropping alongside it.

The national diesel average is creeping upward
The national diesel average is creeping upward

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Jennifer Joslyn
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