Diesel Falls 3¢ to $2.754; Price Is Lowest Since 2009
Diesel’s national average price fell to the lowest level since 2009, dropping 3 cents to $2.754 a gallon, the Department of Energy reported April 13.
The fifth straight decline left the price almost $1.20 below a year ago, DOE said after its weekly survey of filling stations.
Trucking’s main fuel, which has dropped 19 cents since early March, is at its lowest level since it was $2.732 on Dec. 28, 2009.
Gasoline’s national average fell a half-cent to $2.408, the fourth decline in five weeks, in which time the price has dropped 7.9 cents.
The decline left the motor fuel $1.243 below than the corresponding week last year.
Oil rose 27 cents April 13 to finish trading at $51.91 a barrel on the New York Mercantile Exchange, Bloomberg News reported.
Crude futures have traded above $50 for six straight Nymex sessions but are down from last week’s $53.98, which was the highest this year.
Each week, DOE surveys about 400 diesel filling stations and 800 gasoline stations to compile national average prices.