Diesel Dips 0.6¢ to $3.845 a Gallon; Gasoline Gains for First Time in 10 Weeks
Diesel dipped 0.6 cent to $3.845 a gallon, its 10th straight decline, while gasoline rose for the first time in 10 weeks, the Department of Energy reported.
Gasoline rose 1.8 cents to $3.538 a gallon following nine declines in which it fell 26.4 cents, DOE said late Monday following its weekly survey of filling stations.
The smallest of its recent declines left diesel 21.2 cents below the same week last year, while gasoline is 25.2 cents under a year ago.
Trucking’s main fuel, which has not risen since Feb. 25, has dropped 31.4 cents in the past 10 weeks, according to DOE records.
That run of declines is the longest since 12 straight drops last year from mid-April through early July, when diesel plunged 50 cents.
California is the only area of the country in which diesel remains over $4 — the state’s average price was $4.001 a gallon, DOE figures showed.
The price fell 4.6 cents in that state, which DOE breaks out as a subset of the West Coast region.
Each week, DOE surveys about 400 diesel filling stations and 800 gasoline stations to compile national average prices.
