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3/20/2012 12:30:00 PM Write a Letter to the Editor Write a letter to the Editor

Diesel Rises 1.9¢ to $4.142; Price Is Highest Since August 2008

Gasoline Gains 3.8¢ to $3.867 in Eighth Straight Gain


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Diesel rose 1.9 cents to $4.142 a gallon, its highest price since the record-setting summer of 2008, while gasoline also rose, the Department of Energy said Monday.

Gasoline, meanwhile, rose 3.8 cents to $3.867, the eighth straight gain and the 12th in the past 13 weeks, DOE said following its weekly survey of filling stations.

Diesel’s increase — the eighth straight and 10th in 11 weeks — leaves trucking’s main fuel 23.5 cents over than the same week a year ago.

 

Gasoline is at its highest level since May 16 and is now 30.5 cents higher than the same week last year.

Diesel topped out at $4.124 last May, which was then the highest price since 2008. Monday’s price is the highest since it was $4.145 on Aug. 25, 2008.

The record high for diesel was $4.764 a gallon, set on July 14, 2008. Gasoline’s record was $4.114, set a week earlier, on July 7, 2008.

Each week, DOE surveys about 350 diesel filling stations to compile a national snapshot average price.

By Transport Topics


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