Diesel Rises 4.7¢ to $3.951; Price Is Highest Since September
Diesel rose for a second straight week, gaining 4.7 cents to $3.951 a gallon, led by big spikes in the Northeast, the Department of Energy reported.
The price in DOE’s New England and Central Atlantic subregions price soared by more than 13 cents to $4.305 and $4.28, respectively, DOE said Feb. 3.
The national increase, which followed a 3.1-cent upturn last week, left trucking’s main fuel at its highest level since September. The gain also was the biggest since then.
Despite the climb, trucking’s main fuel is 7.1 cents below the same week last year, DOE said after its weekly survey of filling stations.
Gasoline, meanwhile, dipped 0.3 cent to $3.292, its fourth straight decline and second slide of less than a penny. The motor fuel, which has declined 4 cents in the past month, is 24.6 cents below the corresponding week last year.
Oil prices topped $98 last week, the highest level this year, although crude futures finished Feb. 3 trading at $96.43 a barrel on the New York Mercantile Exchange, Bloomberg News reported.
Each week, DOE surveys about 400 diesel filling stations and 800 gasoline stations to compile national average prices.
