Diesel Drops 2.2¢ to $3.923 a Gallon
Diesel continued to decline, falling 2.2 cents to $3.923 a gallon from $3.954, its ninth drop in the past 10 weeks, while gasoline increased by 0.3 cent to 3.257, the Department of Energy said.
The string of diesel downturns leaves trucking’s main fuel 22.7 cents below its $4.15 price on Oct. 15, which had been a more than four-year high.
Before this week’s rise, gasoline had declined 62.4 cents in the past three months, falling in 11 of the past 13 weeks, according to DOE figures.
Diesel fell 4.6 cents the week of Dec. 17, and its 5.8-cent hike four weeks ago was the only weekly increase since its recent peak.
Diesel is now 13.2 cents higher than the same week a year ago while gas is down 0.1 cent over the same week last year.
