Diesel Dips 0.3¢ to $2.772 in Fifth Straight Decline
Diesel fell for a fifth consecutive week, dipping 0.3 cent to $2.772 a gallon, the Department of Energy said Monday.
Trucking’s main fuel has fallen 3.6 cents in the past five weeks, following a 22.6-cent gain in the previous four weeks.
Despite the decline, the price is 25.7 cents over the same week last year.
Gasoline, meanwhile, rose for the second time in the past five weeks, inching up half a cent to $2.634, DOE said following its weekly survey of filling stations.
The bump left gas 93.5 cents over the same week last year, though it has fallen 6 cents over the past five weeks.
As did diesel, gas rose 22.6 cents prior to the most recent five-week period, according to DOE records.
Crude oil prices continued a downward trend Monday, falling $1.54 to close the New York Mercantile Exchange trading day at $73.93 a barrel, Bloomberg reported.
Each week, DOE surveys about 350 diesel filling stations to compile a national snapshot average price.
