Diesel Drops 3.6¢ to $2.291; Gasoline Rises 7.1¢ to $1.684
The average nationwide pump price of diesel fuel fell 3.6 cents to $2.291 a gallon, while gasoline rose for the first time in 16 weeks, the Department of Energy said Monday.
The diesel downturn followed last week’s 3.9-cent decline, which was the smallest in three months, and left trucking’s main fuel $1.085 below the same week last year, DOE said.
Gasoline, meanwhile, jumped 7.1 cents to $1.684 a gallon, its first increase since an 18.7-cent gain on Sept. 15.
Despite the upturn, gas is $2.43 below its $4.114 record set on July 7 and $1.425 below the same week last year, DOE said following its weekly survey of filling stations.
Diesel has fallen steadily since its peak $4.764 in mid-July, seeing only one increase, a 0.1-cent uptick on Sept. 29. Two weeks prior to that it fell 3.6 cents to $4.023, matching this week’s decline.
Diesel is now at its lowest point since June 13, 2005, when it averaged $2.276 a gallon, and trucking’s main fuel fallen almost $2.44 since the July 14 all-time record high.
Each week, DOE surveys about 350 diesel filling stations to compile a national snapshot average price.
