National diesel average declines, providing slightly more relief at the pump
But not enough. For the week of August 8th, the Department of Energy’s Energy Information Administration (EIA) recorded a national diesel average cost per gallon of $4.993. While this is a 13-cent decrease from the previous week and a 16.4-cent decrease from the week before that, the cost is still incredibly steep compared to the national average one year ago, which was $1.629 lower.
Estimates from the EIA’s Short-Term Energy Outlook are predicting a 2023 diesel average of $4.07 as compared to a 2022 average of $4.73.
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For the week of August 8th, the Department of Energy’s Energy Information Administration (EIA) recorded a national diesel average cost per gallon of $4.993.