Diesel Drops 6.5¢ to $3.781 in Ninth Decline
Diesel fell for the ninth straight week, falling 6.5 cents to $3.781 a gallon, while gasoline also continued its slide, the Department of Energy said Monday.
Gasoline decreased 4 cents to $3.572 per gallon, the lowest price since Feb. 13, DOE said.
Diesel’s weekly decline was the biggest since a 6.6-cent drop on Dec. 19.
The decline leaves diesel 17.3 cents below the same week last year and at its lowest level since Oct. 10, when it averaged $3.721 per gallon, DOE said.
Diesel has fallen 36.7 cents in the past nine weeks, DOE records showed.
The gasoline drop was its 10th straight, during which time the price has plunged 36.9 cents. Gas is now 14.1 cents under the same week last year.
Each week, DOE surveys about 350 diesel filling stations to compile a national snapshot average price.
