Diesel Dips 1.6¢ to $4.707; Gas Gains 3.9¢ to Record $3.976

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Tom Biery/Trans Pixs

The average price of retail diesel fuel fell for the first time in a month, dipping 1.6 cents from an all-time record high to an average $4.707 a gallon, the Department of Energy said Monday.

The price is the second all-time highest for diesel, topping the previous record set two weeks ago by 21 cents, and left trucking’s main fuel $1.908 higher than the same week last year.

Diesel had leaped 22.6 cents last week in the biggest single-week increase since the 2005 hurricanes.

Gasoline, meanwhile, rose another 3.9 cents to a record $3.976 a gallon, DOE said following its weekly survey of filling stations.



The increase left gas 81.9 cents higher than the same week last year.

The diesel price in the California sub-region held at $5.207 a gallon from last week, while the Rocky Mountain region was the only region to rise, gaining 2.7 cents to $4.68 a gallon.

The New England sub-region, part of the East Coast region, also saw a slight increase, at 0.3 cent, to $4.846.

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