Diesel Declines for Second Week, Falling 3.3¢ to $3.931 a Gallon
Diesel fell for a second straight week, declining 3.3 cents to $3.931 a gallon, while gasoline fell for a third week, the Department of Energy reported Monday.
The diesel downturn followed last week’s 4.6-cent drop that pulled trucking’s main fuel below $4 a gallon after being above that level for one week.
Gasoline’s national average price fell 1.7 cents to $3.29 a gallon, its third straight drop and the sixth decline in seven weeks.
Diesel has fallen in three of the past five weeks, according to DOE figures.
Monday’s prices left diesel’s national average price 73.4 cents over the same week last year, while gasoline is now 33.2 cents higher than a year ago.
Oil rose 3 cents Monday to $100.99 a barrel on the on the New York Mercantile Exchange, the highest closing price since Nov. 16 and the second-highest since June 9, Bloomberg reported.
Each week, DOE surveys about 350 diesel filling stations to compile a national snapshot average price.
