Diesel Rises 2.2¢ to $2.55
The average price of diesel fuel rose for the second straight week, gaining 2.2 cents to $2.55 a gallon, the Department of Energy said Monday.
The increase left trucking’s main fuel $1.952 below the same week last year, DOE said following its weekly survey of filling stations.
The increase was led by a 4.3-cent jump in California to $2.763. DOE breaks out that state as a subset of its western region, where diesel rose 2.6 cents to $2.643.
The Rocky Mountain region was the only one in which diesel declined, sliding 0.3 cent to $2.537.
Gasoline, meanwhile, rose 5.4 cents to $2.557 a gallon, also second straight gain. Both fuels had fallen for four straight weeks previous to the upturns.
Monday’s gas price is $1.3232 below same week last year. Gasoline hit a record $4.114 on July 7, 2008, while diesel’s record was $4.764, set July 14, 2008.
Crude oil futures rose $2.13 Monday to close the trading day at $71.58 a barrel on the New York Mercantile Exchange and has risen almost $8 in the past two weeks, Bloomberg reported.
Each week, DOE surveys about 350 diesel filling stations to compile a national snapshot average price.
