October 30, 2007 4:00 PM, EDT

Diesel Rises 6.3¢ to Match Record $3.157

Gas Rises 4.9¢; Oil Tops $93 a Barrel
Larry Smith/Trans Pixs

The national average price of diesel fuel rose 6.3 cents to $3.157 a gallon, matching the all-time record set two years ago, the Energy Department said Monday.

The price equaled the record that was set on Oct. 24, 2005, following Hurricanes Katrina and Rita, according to DOE figures.

Gasoline, meanwhile, rose 4.9 cents to $2.872 a gallon and crude oil futures closed at a new record high of $93.53 a barrel on the New York Mercantile Exchange Monday, Bloomberg reported.

Crude had topped the $90 closing price last week for the first time, closing at $90.46 on Thursday and $91.86 on Friday on the Nymex, Bloomberg said.

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