Diesel Rises 4.8¢ to $3.868; Gasoline Gains 4.7¢ in Second Straight Increase
Diesel’s national average price rose for a second week, up 4.8 cents to $3.868 a gallon, while gasoline gained 4.7 cents to $3.674, the Department of Energy said Tuesday.
Diesel’s upturn over the last two weeks — it rose a penny past week — followed five consecutive declines.
The price two weeks ago was the lowest since the $3.716 per-gallon price on Feb. 28. This week’s increase was the highest since a 4.9-cent rise in mid-July.
Gasoline’s increase, also the second straight, followed a 4.6-cent upturn, putting the two-week rise at 9.3 cents.
Diesel is now 93.7 cents higher than the same week a year ago, while gasoline is 99.2 cents higher, DOE said following its weekly survey of filling stations.
Diesel is 25.6 cents below the year’s high of $4.124 set May 2, which was the highest national average price since August 2008.
Gas is 29.1 cents below the price on May 9, which was also the highest since 2008.
Each week, DOE surveys about 350 diesel filling stations to compile a national snapshot average price. This week’s prices were released Tuesday because of the Labor Day federal holiday on Monday.
