Diesel Slides 1.3¢ to $3.896 a Gallon in Second Straight Decline; Gasoline Drops 7.1¢ to $3.561
Diesel fell modestly for a second straight week, declining 1.3 cents to $3.896 a gallon, while gasoline dropped 7.1 cents, the Department of Energy reported.
Gas fell to $3.561 a gallon, its biggest decline in six weeks since it took an 8.1-cent drop on July 1, according to DOE records.
Diesel, which dipped 0.6 cent last week, had gained almost 10 cents in four previous weeks of increases. Despite the downturn, the price is 6.9 cents above the same week last year.
Gasoline has declined 12.1 cents in three straight downturns and is 16 cents below the same week last year, DOE said late Monday following its weekly survey of filling stations.
Crude oil rose 14 cents to finish at $106.11 a barrel Monday after closing below that level for most of last week 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.
