Diesel Declines 0.7¢ to $2.939; Downturn Is First in Six Weeks
Diesel’s national average pump price fell for the first time in six weeks, dipping 0.7 cent to $2.939 a gallon, the Department of Energy reported.
Trucking’s main fuel had jumped 19.8 over the previous five weeks before Monday’s downturn, which left it 71.8 cents higher than the same week last year.
Last week’s price $2.946 price was the highest since Nov. 3, 2008, when diesel was over $3, at $3.088 a gallon.
Gasoline also fell for the first time in six weeks, declining 2.1 cents to $2.798 a gallon, after rising 21.1 cents over the previous five weeks, DOE said Monday following its weekly survey of filling stations.
Last week’s gas price was its highest in 17 months, since it was $2.914 on Oct. 20, 2008, and Monday’s decline left it 75.2 cents higher than the same week last year.
Oil, meanwhile, saw its biggest single-day gain in five weeks on Monday, jumping more than $2 to close the trading day at $82.17 a barrel a barrel on the New York Mercantile Exchange, Bloomberg reported.
Each week, DOE surveys about 350 diesel filling stations to compile a national snapshot average price.
