Transport Topics Online  
The Newspaper of Trucking and Freight Transportation
Welcome  Guest  Log In         
5/14/2013 8:45:00 AM Write a Letter to the Editor Write a letter to the Editor

Diesel Rises 2.1¢ to $3.866 in First Gain in 11 Weeks; Gas Jumps 6.5¢ to $3.603


Bruce Harmon/Trans Pixs

Diesel rose 2.1 cents to $3.866 a gallon, its first increase in 11 weeks, while gasoline jumped 6.5 cents to $3.603, the Department of Energy reported.

Diesel had declined 31.4 cents in the past 10 weeks of downturns after topping out at $4.159 in late February, a four-and-a-half-year high.

Despite the uptick, trucking’s main fuel is 13.6 cents less than the same week last year, DOE said late Monday following its weekly survey of filling stations.

Gasoline, meanwhile, followed last week’s 1.8-cent increase with its biggest gain in three months, DOE figures showed.

The motor fuel, which rose 13.6 cents on Feb. 18, had fallen 26.4 cents in its nine declines prior to last week.

Diesel took its biggest gain in DOE’s Midwest region for a second straight week, gaining 4.1 cents to $3.909 a gallon, following last week’s 2.9-cent rise.

It rose by the same amount in California — which is part of the West Coast region but DOE also breaks out separately — to $4.042, the highest overall price.

Crude oil, meanwhile, fell for a third day Monday, dropping 85 cents to $95.17 a barrel on the New York Mercantile Exchange, Bloomberg News reported.

Last week’s oil prices — which finished Nymex trading over $96 a barrel in four of five trading days — were the highest in five weeks, according to Bloomberg’s Nymex figures.

Each week, DOE surveys about 400 diesel filling stations and 800 gasoline stations to compile national average prices.

By Transport Topics

Follow Transport Topics on Subscribe to get up to the minute news briefs and more from our feeds. RSS Twitter Twitter Facebook Facebook

© 2013, Transport Topics Publishing Group. All rights reserved.


  RELATED ARTICLES

 
LATEST NEWS



 
LATEST JOBS
Follow Us

Newsletters

TTExpress
This free daily newsletter delivers the latest headlines.

TT Executive Suite
This subscriber-only newsletter program tailors your news.

Services

Advertising

EMU
iTech
© American Trucking Associations, Inc., All Rights Reserved TTNews.com Privacy Statement