9/20/2011 8:45:00 AM
Write a Letter to the Editor
Tom Biery/Trans Pixs
Dieselâ€™s national average pump price fell for a second straight week, declining 2.9 cents to $3.833 a gallon, the Department of Energy reported Monday.
Gasoline, meanwhile, dropped 6 cents to $3.601, also its second straight decline, DOE said following its weekly surveys of filling stations. It was the biggest drop in three months.
The diesel downturn â€” which followed a 0.6-cent dip last week that had been preceded by two increases â€” left it 87.3 cents over the same week last year.
Gasolineâ€™s decline followed a 1.3-cent drop last week and left it 87.8 cents over a year ago, according to DOE records.
The $3.81 diesel price four weeks ago was the lowest since February, and truckingâ€™s main fuel is now 29.1 cents below the yearâ€™s high of $4.124 set May 2, which was the highest since August 2008.
Crude oil fell more than $2 Monday to a three-week low closing price of $85.70 a barrel on the New York Mercantile Exchange, Bloomberg reported.
Each week, DOE surveys about 350 diesel filling stations to compile a national snapshot average price.
Â© 2011, Transport Topics Publishing Group. All rights reserved.
Diesel Falls for Second Week, Declining 2.9Â¢ to $3.833; Gas Drops 6Â¢ to $3.601 (9/20/2011 8:45:00 AM)
Shell Sets Campaign to Boost Natural Gas; Plans LNG Plant, Distribution in Canada (9/19/2011 4:30:00 AM)
Bendix Demonstrates Safety Systems To Federal Regulators, Hill Staffers (9/19/2011 2:00:00 AM)
EPA Asks Court to Dismiss Navistar Lawsuit Over SCR Engine-Emissions Testing Methods (9/19/2011 1:30:00 AM)
Diesel Dips 0.6Â¢ to $3.862, But Still Far Above Year Ago (9/19/2011 1:05:00 AM)
Ryder, Staples Adding 10 CNG Tractors (9/14/2011 11:00:00 AM)