Diesel Dips 2.5¢ to $3.810 in Fourth Straight Decline
Diesel’s national average pump price declined for a fourth consecutive week, dipping 2.5 cents to $3.810 a gallon, while gasoline decreased 2.3 cents to $3.581, the Department of Energy said.
Diesel has declined in 12 of 16 weeks since early May.
The price is the lowest in almost six months, since the $3.716 per-gallon price on Feb. 28, according to DOE records.
Gasoline fell for a third straight week following five gains.
Diesel is now 85.3 cents higher than the same week a year ago, while gasoline is 87.7 cents over the same week last year, DOE said following its weekly survey of filling stations.
Diesel is 31.4 cents below the year’s high of $4.124 set May 2, which was the highest national average price since August 2008. Gas is 38.4 cents below the price on May 9, which was also the highest since 2008.
Each week, DOE surveys about 350 diesel filling stations to compile a national snapshot average price.
