Diesel Falls 3.7¢ to $2.833 in Second Straight Decline
Diesel’s national average price fell 3.7 cents to $2.833 a gallon, the biggest single-week decline since July, the Department of Energy said Monday.
Gasoline also fell for a second week, dropping 3.4 cents to $2.705, the biggest drop since mid-December, DOE said following its weekly survey of filling stations.
The diesel decline follows last week’s 0.9-cent dip, which had followed three straight increases in which trucking’s main fuel jumped 15.3 cents.
Monday’s decrease — the biggest since a 4.6-cent downturn on July 20 — left diesel 56.5 cents higher than the same week last year, according to DOE figures.
Oil prices have declined in the past two weeks, with crude closing the trading week Friday below $75 a barrel for the first time in a month, Bloomberg reported.
Each week, DOE surveys about 350 diesel filling stations to compile a national snapshot average price.
