Diesel Gains 2.4¢ to $3.825 in Second Straight Increase
Diesel’s national average retail price rose for a second straight week, increasing 2.4 cents to $3.825 a gallon, while gasoline dipped after a one-week gain, the Department of Energy said Monday.
Gasoline slipped 1.4 cents to $3.462, following a 5.9-cent gain last week.
Last week’s increases for both diesel and gasoline had been the first in six weeks.
Diesel’s price Monday is the highest in five weeks and leaves it 75.8 cents over than the same week a year ago. Gas is 64.5 cents over the same week last year.
The $3.721 per-gallon diesel price two weeks ago was the lowest since late February, when it averaged $3.716 a gallon.
Prior to the two most recent increases — diesel jumped 8 cents last week — trucking’s main fuel had declined 14.7 cents in the previous five weeks of downturns.
Crude oil jumped $3.87 Monday to close the New York Mercantile Exchange trading day at $91.27 a barrel, the highest closing price since Aug. 3, Bloomberg reported.
Each week, DOE surveys about 350 diesel filling stations to compile a national snapshot average price.
