Diesel prices soar after 5 weeks of declines

InflationSalesMoney MattersFuelNuts & Bolts
Written By Jennifer Joslyn

⛽️ All good things must come to an end, it seems.

The price tag on diesel, which has been steadily declining over the past five weeks, had now shot up a whopping 38.8 cents according to the Energy Information Administration. This brings the national average to $5.224 when a week earlier it had declined to $4.836 - its lowest amount since the March 2022 surge of 74.5 cents. The national average price of gasoline has also jumped 13 cents, now sitting at $3.912 per gallon. Prepare yourselves at the pumps!

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All good things must come to an end, it seems.

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Jennifer Joslyn
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