Diesel Rises Again, Up 2.4¢ to $3.923; Gasoline Gains 4.1¢ to $3.682
Diesel rose for a second straight week, gaining 2.4 cents to an average $3.923 per gallon, the Department of Energy said Monday.
The increase left trucking’s main fuel $1.024 over the week last year, DOE said following its weekly survey of filling stations.
Gasoline, meanwhile, rose 4.1 cents to $3.682, its third straight gain following seven declines. Gas is now 96 cents over the same week a year ago, DOE records showed.
The latest diesel increases — it rose 4.9 cents last week — along with a 1.4-cent gain on June 13 were the only three gains in the 11 weeks since early May.
Trucking’s main fuel is 20.1 cents below the year’s high $4.124 per-gallon average of May 2, which had been its highest price in more than two-and-a-half years.
Oil prices have generally held in the mid-$90s per-barrel range for the past month, Bloomberg figures showed.
Crude futures fell $1.31 Monday to finish the trading day at $95.93 a barrel on the New York Mercantile Exchange, Bloomberg reported.
Each week, DOE surveys about 350 diesel filling stations to compile a national snapshot average price.