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2/26/2013 10:35:00 AM Write a Letter to the Editor Write a letter to the Editor

Diesel Edges Up 0.2¢ to $4.159 in Sixth Increase; Gasoline Gains 3.7¢ to $3.784


Dave Warner/Trans Pixs

Diesel edged up 0.2 cent to $4.159 a gallon, its sixth straight weekly increase, while gasoline rose for a 10th week, the Department of Energy said.

Gasoline rose 3.7 cents to $3.784 a gallon, DOE said Monday following its weekly survey of filling stations. Gas has jumped 53 cents in the past 10 weeks.

The diesel price tops last week’s as the highest since August 2008, when it was at $4.207, DOE records showed.

Monday’s diesel increase is the smallest in the past six — in the previous three weeks, trucking’s main fuel had jumped 23 cents.

Diesel is now 10.8 cents over the same week last year, compared with last week’s price, which was 19.7 cents over the same week a year ago. Gasoline is now 6.3 cents higher than a year ago.

Crude oil slipped 2 cents on Monday to finish the trading day at $93.11 a barrel on the New York Mercantile Exchange, Bloomberg News reported.

The price fell even more in aftermarket Nymex trading, hitting as low as $92.07 a barrel, the lowest intraday price since Jan. 4, Bloomberg said.

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

By Transport Topics

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