Anticipating The EIA Gasoline And Diesel Update

Menzie Chinn
By Menzie Chinn of Econbrowser
Professor of Public Affairs and Economics at the University of Wisconsin •

Gasoline and diesel prices are surging, with regular fuel up 3.8% and diesel climbing 4.5% over the past week.

Source: DepositPhotos

According to AAA, regular gasoline is up 3.8% relative to a week ago, diesel up 4.5%.

Figure 1: Regular gasoline (blue, left scale), diesel (red, left scale), jet fuel-kerosene (green, left scale), all $/gal., and spot price Brent oil (black, right scale), $/bbl, all weekly average of daily prices. Source: EIA via FRED.

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