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7/31/2012 8:00:00 AM Write a Letter to the Editor Write a letter to the Editor

Diesel Rises 1.3¢ to $3.796 in Fourth Straight Increase; Gasoline Gains 1.4¢ to $3.508


Bruce Harmon/Trans Pixs

Diesel rose for a fourth straight week, rising 1.3 cents to $3.796 a gallon, the Department of Energy said Monday.

Gasoline also rose for the fourth week, increasing 1.4 cents to $3.508, DOE said following its weekly survey of filling stations.

With the increase, diesel is now 14.1 cents below the same week last year, while gas is 20.3 cents under a year ago, according to DOE records.

Trucking’s main fuel has risen 14.8 cents in the past month, after falling 50 cents in 12 straight previous declines.

Gasoline has risen 15.2 cents in the past month, following a 58.5-cent drop in 13 previous consecutive downturns.

Oil fell for the first time in five trading days Monday, declining 35 cents to settle at $89.78 a barrel, 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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