# Diesel average remains below $3 per gallon for second straight week - Logistics Management

> The EIA reported that the national average diesel price fell for a seventh consecutive week to $2.983 per gallon, the first time it dropped below $3 in 27 weeks. The average is down 24.3 cents year over year, and WTI was trading at $54.05 per barrel.

- Date: 2019-08-27 · published 2019-08-27T12:00:00.000Z
- Category: report · region US · magnitude low
- Page: https://feedsoft.ai/events/57787-diesel-average-remains-below-3-per-gallon-for-second-straight-week-logistics
- Commodities: [ULSD / Diesel](https://feedsoft.ai/c/DIESEL.md)

## Why it matters

Sub-$3 diesel and a weaker crude price ease freight and feed transport costs, though the decline reflects soft demand and tariff uncertainty.

## Read by commodity

- DIESEL: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| DIESEL | 2020-02-27 | [Diesel average is down for seventh straight week, reports EIA - Logistics Management](https://feedsoft.ai/events/9359-diesel-average-is-down-for-seventh-straight-week-reports-eia-logistics.md) | +2.7% | -27.1% |
| 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 | 2020-07-28 | [National diesel average falls for second straight week, according to EIA data - Logistics Management](https://feedsoft.ai/events/52311-national-diesel-average-falls-for-second-straight-week-according-to-eia-data.md) | -1.6% | -1.4% |
| 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 | 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% |

## Sources

- stage.logisticsmgmt.com: https://stage.logisticsmgmt.com/article/diesel_average_remains_below_3_per_gallon_for_second_straight_week

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