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Updated:
11/17/2009 8:00:00 AM
Diesel Drops 1.1¢ to $2.79 in Second Straight Decline
Gas Falls 3.7¢ to $2.629 a Gallon
Diesel’s national average price fell for a second straight week, dropping 1.1 cents to $2.79 a gallon, the Department of Energy said Monday.
Diesel had risen 22.6 cents over the previous four weeks before last week’s 0.7-cent dip, according to DOE records.
Monday’s downturn left trucking’s main fuel just 1.9 cents under the price of the same week last year.
Gasoline, meanwhile, also fell for the second straight week, dropping 3.7 cents to $2.629 a gallon, DOE said.
Gas had also risen 22.6 cents over the previous four weeks and Monday’s price left the motor fuel 55.7 cents higher than the same week last year.
Oil rose by the most in six weeks Monday as the dollar weakened, but held under $80 a barrel on the New York Mercantile Exchange, Bloomberg reported.
Oil gained $2.55 to close at $78.90 on the Nymex, though it had fallen to below $77 late last week, Bloomberg said.
Each week, DOE surveys about 350 diesel filling stations to compile a national snapshot average price.
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