Diesel Dips 0.7¢ to $2.792; Gas Plunges 8.1¢ to $3.076
Diesel fuel’s national average retail price dipped 0.7 cent $2.792 a gallon and gasoline's pump price plunged, the Department of Energy said Monday.
Gasoline dropped 8.1 cents to $3.076 a gallon, DOE said following its weekly survey of filling stations.
Gas is 17 cents higher than the same week last year, but the price has declined 14.2 cents in the past three weeks from an all-time high of $3.218 set on May 21.
The diesel downturn followed last week’s 1.8-cent decline and was the sixth drop in the past eight weeks, according to DOE figures.
Diesel’s pump price is now 12.6 cents below than the same week last year, but is 37.9 cents higher than its 2007 low of $2.413, set on Jan. 29.
Each week, DOE surveys about 350 diesel filling stations to compile a national snapshot average price.
