Diesel Rises 1.2¢ to $2.943; Gas Jumps 3.9¢ to $2.721
Diesel’s national average price rose 1.2 cents to $2.943 a gallon, its first increase in five weeks, while gasoline jumped almost 4 cents, the Department of Energy said Monday.
The diesel increase halted four straight declines that had totaled 6 cents and left the price 30.9 cents over the same week last year.
Gasoline’s jumped 3.9 cents to $2.721 a gallon, following no change last week, DOE said following its weekly survey of filling stations.
Gas had fallen 10.1 cents in three previous declines before last week and is now 9.4 cents over the same week a year ago.
The Midwest saw the biggest diesel increase among DOE’s five national regions, gaining 2 cents to $2.92 a gallon.
The West Coast was the only region to decline, slipping 0.3 cent, though it had the highest over diesel price, at $3.101.
Crude oil rose 71 cents to finish the trading day Monday at a four-week high of $77.16 a barrel on the New York Mercantile Exchange, Bloomberg reported.
The increase followed reports of a surge in Chinese industrial output, Bloomberg said.
Each week, DOE surveys about 350 diesel filling stations to compile a national snapshot average price.
