Diesel Rises 0.9¢ to $2.928 in Second Straight Gain
Diesel fuel rose 0.9 cent to $2.928 a gallon, the second straight gain but just the third increase in the past 12 weeks, the Department of Energy said Monday.
Prior to the two recent gains, diesel had fallen 6.2 cents over the previous four weeks and the price is now 19.9 cents below the year’s high of $3.127, set on May 10.
Trucking’s main fuel is now 37.8 cents higher than the same week last year, DOE said following its weekly survey of filling stations.
Gasoline, meanwhile, fell 1.4 cents to $2.735, marking its first decline in three weeks and third in seven weeks, DOE said.
The dip left gas 17.8 cents over the same week a year ago.
Oil prices, a major component in retail pump prices, rose $2.39 Monday to top $81 a barrel on the New York Mercantile Exchange for the first time since May, Bloomberg reported.
Each week, DOE surveys about 350 diesel filling stations to compile a national snapshot average price.
