Diesel Rises for Second Week, Up 1.3¢ to $3.913; Gas Gains for First Time in Five Weeks
Diesel rose for a second straight week, gaining 1.3 cents to $3.913 a gallon, while gasoline increased for the first time in five weeks, the Department of Energy reported.
Gas gained 0.2 cent to $3.552 a gallon, after slipping more than 13.2 cents in the past month, DOE said late Monday following its weekly survey of filling stations.
The diesel rise followed last week’s 0.4-cent uptick, which had in turn followed two declines of about the same amounts as the latest increases.
Trucking’s main fuel, which is almost a dime higher than it was at the beginning of July, is 17.6 cents below its level a year ago. Gas is 22.4 cents less than the same week last year, DOE figures showed.
Crude oil futures fell 50 cents Monday to finish trading at $105.92 a barrel on the New York Mercantile Exchange, in part on a report that showed durable goods production fell in July, Bloomberg News reported.
Each week, DOE surveys about 400 diesel filling stations and 800 gasoline stations to compile national average prices.
