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Diesel Declines 2.9 Cents to $4.13 Per Gallon

Posted By Administration, Tuesday, March 5, 2013
Updated: Tuesday, August 27, 2013

Diesel prices fell for the first time in seven weeks, dropping 2.9 cents to $4.13 per gallon, and gasoline prices fell for the first time this year, the U.S. Department of Energy reported to NASSTRAC this week. Diesel price’s first downturn since Jan. 14 left it 3.6 cents over the same week last year, while gas is now 3.4 cents below the same time a year ago. Diesel, the trucking industry’s main fuel, had gained 26.5 cents in six previous increases, including a jump of 23.2 cents last month, leaving its highest February level on record last week – at $4.159 per gallon. Gasoline prices had experienced significant elevation as well, jumping 53 cents in 11 consecutive gains. Last week’s diesel per-gallon price was the hightest since August 2008, according to DOE. Each week, DOE surveys about 350 diesel filling stations to compile a national snapshot of average prices.

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