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6/24/2014 1:00:00 PM Write a Letter to the Editor Write a letter to the Editor

Diesel Rises 3.7¢ to $3.919 a Gallon

Increase Is 3rd in 15 Weeks; Gas Gains 1.8¢ to $3.704

Daniel Acker/Bloomberg News

Diesel rose for the first time in eight weeks, gaining 3.7 cents to $3.919 a gallon, and gasoline rose for the fourth time in five weeks, the Department of Energy reported June 23.

Gasoline gained 1.8 cents to $3.704 a gallon, DOE said after its weekly survey of filling stations.

Diesel took its biggest single-week increase since early February. It had declined 9.3 cents in seven previous downturns.

Trucking’s main fuel is 8.1 cents higher than the same week last year, and gas is 12.7 cents more than a year ago.

The price gains followed higher oil prices, which topped out June 20 at a nine-month high above $107 a barrel.

Oil fell slightly to $106.17 a barrel June 23, after topping out at $107.26 on June 20, the highest New York Mercantile Exchange closing price since Sept. 18, Bloomberg News reported.

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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