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Diesel Falls Again, Slipping 1.2¢ to $4.073; Gasoline Drops 4¢ to $3.83

Diesel Decline Is Fourth in Past Five Weeks


Tom Biery/Trans Pixs

Diesel fell for the third straight week, dipping 1.2 cents to $4.073 a gallon, and gasoline fell for a fourth week, the Department of Energy said Monday.

Gasoline dropped 4 cents to $3.83 a gallon, DOE said following its weekly survey of filling stations.

Diesel’s fourth decline in five weeks left it 5.1 cents below the same week a year ago.

Last week was the first time diesel fuel was below its year-ago level since Nov. 16, 2009.

The $4.148 national average price three weeks ago was the highest since it was $4.208 on Aug. 18, 2008.

Gasoline is now 13.3 cents below the same price last year. Before its recent declines, gas gained a cumulative 71.2 cents in 14 gains in 15 weeks from late December through early April .

Despite its recent downturn, diesel rose a cumulative 29 cents since its year-low $3.783 price on Jan. 2, rising in 11 of 12 weeks from then through the second week of April.

Each week, DOE surveys about 350 diesel filling stations to compile a national snapshot average price.Diesel Falls Again, Slipping 1.2¢ to $4.073; Gas Drops 4¢ to $3.83

Diesel Decline Is Fourth in Past Five Weeks

Diesel fell for the third straight week, dipping 1.2 cents to $4.073 a gallon, and gasoline fell for a fourth week, the Department of Energy said Monday.

Gasoline dropped 4 cents to $3.83 a gallon, DOE said following its weekly survey of filling stations.

Diesel’s fourth decline in five weeks left it 5.1 cents below the same week a year ago.

Last week was the first time trucking’s main fuel was below its year-ago level since Nov. 16, 2009.

The $4.148 national average price three weeks ago was the highest since it was $4.208 on Aug. 18, 2008.

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