Diesel Rises 0.6¢ to $2.674 in Sixth Straight Increase
Diesel fuel’s national average price rose slightly, gaining 0.6 cent to $2.674 a gallon, its sixth straight gain, the Department of Energy reported.
Diesel has risen 17.8 cents in the past six weeks, though Monday’s increase was the smallest over that period.
Gasoline, meanwhile fell 1.5 cents to $2.613, DOE said following its weekly survey of filling stations.
The dip was the third modest dip for the motor fuel, which has fallen 3.4 cents in the past three weeks, and left gas $1.067 below the same week last year.
Diesel is now $1.447 below the same week a year ago, not long after diesel hit its all-time record high $4.764 a gallon, set in mid-July 2008.
After holding steady in the low to mid $70s range over the past two weeks, crude oil fell $3 Monday to close the trading day below $70 on the New York Mercantile Exchange, on concerns following a big drop in China’s primary stock market, Bloomberg reported.
Each week, DOE surveys about 350 diesel filling stations to compile a national snapshot average price.
