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7/10/2012 12:00:00 PM Write a Letter to the Editor Write a letter to the Editor

Diesel Rises 3.5¢ to $3.683 in First Increase in Three Months; Gas Gains 5.5¢ to $3.411


Tom Biery/Trans Pixs
Diesel rose for the first time in three months, rising 3.5 cents to $3.683 a gallon, while gasoline also increased, the Department of Energy said Monday.

Gasoline gained 5.5 cents to $3.411, also its first increase in three months, DOE said following its weekly survey of filing stations.

The diesel increase left it 21.6 cents below the same week last year, while gasoline is 23 cents below a year ago, DOE said.

Prior to Monday, diesel had dropped 50 cents in 12 straight previous declines and gasoline fell 58.5 cents in 13 consecutive downturns.

Oil rose $1.54 to settle at $85.99 a barrel on the New York Mercantile Exchange on Monday, Bloomberg reported.

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

By Transport Topics

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