Diesel Gains 0.7¢ to $2.808 a Gallon as Increases Slow
Diesel fuel’s national average retail price rose for a fourth straight week, though its increase slowed from recent weeks in a 0.7 cent gain to $2.808 a gallon, the Department of Energy said Monday.
The uptick — which followed last week’s 9.6-cent jump and a 10.5-cent spike two weeks ago — left trucking’s primary fuel just 28 cents below the same week last year, DOE said.
Regular gasoline, meanwhile, rose 2 cents $2.694 a gallon, DOE said following its weekly survey of filling stations.
The increase marked the fourth straight gain following eight declines in the price of gasoline, according to DOE records.
Diesel has now risen 22 cents in the past month, while gas is up 22.6 cents over that time.
Oil prices rose in mid-to-late October to a peak $81.37 per-barrel closing price on Oct. 21 on the New York Mercantile Exchange before declining about $3 last week to close at $77 a barrel on the Nymex Friday.
Each week, DOE surveys about 350 diesel filling stations to compile a national snapshot average price.
