Diesel Rises Again, Gaining 1.7¢ to Two-Year High $3.248 a Gallon
Diesel rose 1.7 cents to a national average of $3.248 a gallon at the pump — the fourth time it has hit a two-year high in the past six weeks, the Department of Energy said.
Trucking’s main fuel is at its highest since the $3.288 average of Oct. 27, 2008, when it was coming off the historic highs of that summer.
It was the third straight increase for diesel, which is now 52.2 cents higher than the same week a year ago, DOE said.
Gasoline, meanwhile, edged up 0.2 cent to $2.982, also its third straight increase, and the highest since Oct. 13, 2008, when it averaged $3.151 per gallon.
Gasoline is now 39.3 cents over the same week last year, DOE said following its weekly survey of filling stations Monday.
Oil has been hovering just below $90 a barrel on the New York Mercantile Exchange for the past two weeks, the highest level since October 2008, Bloomberg reported.
Each week, DOE surveys about 350 diesel filling stations to compile a national snapshot average price.
