Diesel Climbs for Third Week, Rising 4.3¢ to $2.904
Diesel’s national average pump price rose for the third straight week, increasing 4.3 cents to $2.904 a gallon, the Department of Energy said.
Diesel has now risen 14.8 cents in the past three weeks after falling 12.3 cents over the previous five weeks, DOE said Monday following its weekly survey of filling stations.
Monday’s gain left trucking’s main fuel 85.9 cents over the same week last year, according to DOE figures.
Gasoline also rose for a third week, jumping 4.9 cents $2.751 a gallon. Gas had previously declined by 14.3 cents over five weeks; in the past three weeks it has gained that back, matching its price of eight weeks ago.
Gasoline is now 81 cents over the same week last year, DOE said.
Diesel topped $3 in the West Coast region, in California, a subset of that region, and in the East Coast’s sub-regions of New England and the Central Atlantic.
Oil surged past $80 a barrel last week and finished trading week Friday above $81 a barrel on the New York Mercantile Exchange for the first time since January.
Crude futures closed Monday up 37 cents at $81.87 a barrel, the highest in two months, Bloomberg reported.
Each week, DOE surveys about 350 diesel filling stations to compile a national snapshot average price.
