Diesel Dips 1.2¢ to $2.979, in First Decline in a Month
Diesel declined for the first time in four weeks, dipping 1.2 cents to $2.979 a gallon, the Department of Energy said Monday.
Gasoline, meanwhile, fell 3.8 cents to $2.745 a gallon, marking its biggest decline since a 5.8-cent drop on May 31, DOE said following its weekly survey of filling stations.
Gas had jumped 4.8 cents last week — its biggest gain since May — while diesel had leaped 6.3 cents, its largest increase since early April, according to DOE records.
The diesel downturn, its 10th in 14 weeks, put the brakes on its 9.2-cent increase in the previous three weeks and left trucking’s main fuel 32.7 cents higher than the same week last year.
Gas is now 10.8 cents over the same week a year ago. The declines in both fuels followed last week’s decline in oil prices to below $80 a barrel.
Each week, DOE surveys about 350 diesel filling stations to compile a national snapshot average price.
