Diesel Drops 2¢ to $2.201
The national average price of diesel fuel fell for a second straight week, dropping 2 cents to $2.201 a gallon, the Department of Energy said Monday.
The downturn left trucking’s main fuel $1.976 below the same week last year, according to DOE figures.
Diesel had hit a four-month high of $2.229 two weeks ago before last week’s drop of less than a penny and Monday’s 2-cent downturn.
The 13.1-cent jump in the last week in March was the biggest since last Memorial Day, when it spiked 22.6 cents on its run toward the $4.764 record set in last July.
Gasoline, meanwhile, fell a penny to $2.049 a gallon, following last week’s 0.8-cent gain, DOE said following its weekly survey of filling stations.
The dip left the price $1.554 below the same week last year and $2.065 below the record $4.114 set last July 7.
Crude oil fell Monday for the first time in a week, declining more that $1 to close near $50 a barrel on the New York Mercantile Exchange, Bloomberg reported.
Each week, DOE surveys about 350 diesel filling stations to compile a national snapshot average price.
