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1/28/2014 10:00:00 AM Write a Letter to the Editor Write a letter to the Editor

Diesel Rises 3.1¢ to $3.904; Increase Is First in Three Weeks

Floris M. Oosterveld/Flickr

Diesel rose for the first time in three weeks, gaining 3.1 cents to $3.904 a gallon, the Department of Energy reported Jan. 27.

The increase followed a cumulative 3.7-cent decline in the past two weeks, DOE figures showed.

Despite the upturn, trucking’s main fuel is 2.3 cents below the same week last year, DOE said after its weekly survey of filling stations.

This week, the first week of the year and the last week of 2013 were the only three in which diesel has been over $3.90 since September.

Gasoline, meanwhile, dipped 0.1 cent to $3.295, the motor fuel’s third straight decline.

Gas, which has slid a total of 3.7 cents in three weeks, is 6.2 cents below the corresponding week last year.

The gain followed oil prices of more than $97 a barrel last week, the highest New York Mercantile Exchange closing price this year.

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

By Michael G. Malloy
Staff Reporter

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