# National diesel average falls for second straight week, according to EIA data - Logistics Management

> The EIA reported that the US national average diesel price fell for a second straight week, to $2.427 per gallon for the week of July 27. The average is down 60.7 cents from a year earlier and has stayed below $3 since early February. West Texas Intermediate traded at $41.16 per barrel.

- Date: 2020-07-28 · published 2020-07-28T12:00:00.000Z
- Category: report · region US · magnitude low
- Page: https://feedsoft.ai/events/52311-national-diesel-average-falls-for-second-straight-week-according-to-eia-data
- Commodities: [ULSD / Diesel](https://feedsoft.ai/c/DIESEL.md)

## Why it matters

Lower diesel prices reduce transport costs for feed ingredients and finished feed. The decline is modest and is in line with the trend of soft crude prices.

## Read by commodity

- DIESEL: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| DIESEL | 2018-11-27 | [National diesel average drops for sixth straight week, reports EIA - Logistics Management](https://feedsoft.ai/events/10262-national-diesel-average-drops-for-sixth-straight-week-reports-eia-logistics.md) | -0.1% | -10.3% |
| DIESEL | 2019-08-06 | [Diesel average falls for the fourth straight week, reports EIA - Logistics Management](https://feedsoft.ai/events/12329-diesel-average-falls-for-the-fourth-straight-week-reports-eia-logistics.md) | -1.6% | -1.8% |
| DIESEL | 2021-12-14 | [National diesel average is down for the fourth straight week, reports EIA - Logistics Management](https://feedsoft.ai/events/43803-national-diesel-average-is-down-for-the-fourth-straight-week-reports-eia.md) | -2.5% | +15.1% |
| DIESEL | 2023-06-27 | [National diesel average falls, for the week of June 26, reports EIA - Logistics Management](https://feedsoft.ai/events/35682-national-diesel-average-falls-for-the-week-of-june-26-reports-eia-logistics.md) | -2.5% | +13.0% |
| DIESEL | 2018-10-24 | [Diesel average declines for the first time in nine weeks, according to EIA data - Logistics Management](https://feedsoft.ai/events/12176-diesel-average-declines-for-the-first-time-in-nine-weeks-according-to-eia-data.md) | +0.6% | -11.6% |

## Sources

- stage.logisticsmgmt.com: https://stage.logisticsmgmt.com/article/national_diesel_average_falls_for_second_straight_week_according_to_eia_data

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.