Diesel Falls Another 2.3¢, to $3.755 a Gallon
Diesel dropped 2.3 cents — the same decline as last week — to $3.755 a gallon, the Department of Energy reported Sept. 29.
The downturn left trucking’s main fuel 26.6 cents below its 2014 high of $4.021 in mid-March and 16.4 cents below the same week last year, DOE said after its weekly survey of filling stations.
Diesel’s national average pump price is the lowest since it averaged $3.695 on July 16, 2012.
Gasoline, meanwhile, rose 0.1 cent, just its second upturn in the past three months, to $3.354 per gallon.
The uptick left the motor fuel 7.1 cents less than same week last year, , DOE said after its weekly survey of filling stations.
The price fell in all five DOE regions, led by a 4.2-cent drop on the West Coast to $3.948. It declined 3.5 cents in the Rocky Mountain region, to $3.806.
Crude futures rose $1 to close the Sept. 29 trading day at $94.57 a barrel on the New York Mercantile Exchange, a two-week high, on reports of stronger economic data, Bloomberg News reported.
Each week, DOE surveys about 400 diesel filling stations and 800 gasoline stations to compile national average prices.
