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Diesel Dips 0.8¢ to $3.783 in Sixth Decline

1/4/2012 11:03:00 AM
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Gasoline Up 4.1¢ to $3.299 in Biggest Gain Since October

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Tom Biery/Trans Pixs

Diesel dipped 0.8 cents to $3.783 a gallon, its sixth straight decline, while gasoline had its biggest increase since October, the Department of Energy said Tuesday.

Gasoline rose 4.1 cents to $3.299, its second straight increase and biggest since Oct. 17, DOE said following its weekly survey of filling stations.

Diesel has fallen 22.7 cents in the past six weeks, following two straight increases totaling 12.3 cents before that. Gas has now risen 7 cents in two weeks.

Trucking’s main fuel is now 45.2 cents over same week last year, while gasoline is 22.9 cents higher, according DOE figures.

Oil jumped more than $4 to finish the trading day near $103 a barrel on Tuesday, Bloomberg reported.

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

This week’s prices were released on Tuesday due to the New Year’s holiday on Monday.

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Diesel Dips 0.8¢ to $3.783 in Sixth Decline (1/4/2012 11:03:00 AM)
Oil Jumps More Than $4 to Near $103 a Barrel (1/3/2012 3:30:00 PM)
Navistar’s 4Q Profit Jumps; OEM Reports Shortage of Castings (1/2/2012 2:30:00 AM)
Diesel Fuel Ends Year at $3.791 as Refineries Ramp Up Output (1/2/2012 1:30:00 AM)
CARB Reminds Truckers of Jan. 1 Compliance Deadline (12/29/2011 8:15:00 AM)
Diesel Falls 3.7¢ to $3.791 a Gallon; Gasoline Gains 2.9¢ to $3.258 (12/28/2011 9:00:00 AM)

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