Diesel Fuel Jumps 8¢ to $3.801 a Gallon; Gasoline Price Gains 5.9¢ to $3.476
Diesel’s national average pump price jumped 8 cents to $3.801 a gallon, turning around five weeks of declines, while gasoline also increased, the Department of Energy said Monday.
Gasoline gained 5.9 cents to $3.476 a gallon, also its first increase in six weeks, DOE said following its weekly surveys of filling stations.
The diesel price, the highest in a month, leaves trucking’s main fuel 72.8 cents higher than the same week a year ago.
Gasoline is 64.2 cents over a year ago, according to DOE records.
Last week, diesel was at its lowest level since late February when it averaged $3.716 a gallon. Prior to Monday, it had declined 14.7 cents in the previous five weeks of downturns.
Oil fell 42 cents Monday to close the trading day at $86.38 a barrel on the New York Mercantile Exchange, Bloomberg reported.
Benchmark light sweet crude futures vaulted past $80 in the first week of October after closing below that level for about a week.
Each week, DOE surveys about 350 diesel filling stations to compile a national snapshot average price.
