Diesel Rises 6.3� to $4.089 in Eighth Gain; Gasoline Price Also Continues to Rise

Bruce Harmon/Trans Pixs

Diesel rose 6.3 cents to $4.089 a gallon, its eighth straight gain and the highest price since mid-April, while gasoline rose again, the Department of Energy said Monday.

Gasoline gained 3.2 cents to $3.776 a gallon, also its eighth straight increase, DOE said following its weekly survey of filling stations.

The diesel increase leaves it 26.9 cents over the same week last year, while gasoline is 14.9 cents over a year ago.

In the past two months diesel has risen 44.1 cents, while gasoline is up 42 cents since early July, according to DOE figures..

Last week, trucking’s main fuel pushed past $4 a gallon for the first time in three months.

Oil, meanwhile, fell for a third day Monday, despite oil companies evacuating Gulf of Mexico rigs as Tropical Storm Isaac moved through the Gulf on a track toward New Orleans, Bloomberg reported.

View the original article here

Diesel Tops $4 for First Time Since May; Gasoline Rises 2.3� to $3.744 a Gallon

Tom Biery/Trans Pixs

Diesel rose 6.1 cents to $4.026 a gallon, its seventh straight increase and the first time it has topped $4 in three months, the Department of Energy reported.

Gasoline, meanwhile, gained 2.3 cents to $3.744 a gallon, DOE said late Monday following its weekly survey of filling stations.

The diesel increase left trucking’s main fuel 21.6 cents above the same week last year, while gas is now 16.3 cents over a year ago.

Diesel had not topped $4 since May 14, according to DOE records. Gasoline is also at its highest level in three months.

The gains followed higher oil prices, as crude finished the trading day Friday over $96 a barrel, its highest level since mid-May, Bloomberg reported.

View the original article here

Diesel Jumps a Dime to $3.987 a Gallon; Gasoline Gains for First Time in a Month

Stephen Goldstein for TT

Diesel jumped a dime to its highest level in almost six months —  a national average price of $3.987 a gallon, the Department of Energy said Monday.

Gasoline, meanwhile, rose for the first time in four weeks, gaining 1.2 cents to $3.436 a gallon, DOE said.

The diesel hike — its biggest since a 10.2-cent leap on April 11 — left trucking’s main fuel at its highest level since May 23.

Diesel, which took its first dip in a month last week with a half-cent decline, is now 80.3 cents over the same week last year, while gas is 54.4 cents over a year ago.

The diesel average now tops $4 a gallon in two of five DOE regions, the West Coast and Rocky Mountains, while it also tops that level in the East Coast’s New England and Mid-Atlantic sub-regions.

View the original article here

Gasoline Rises 5� in Two Weeks to $3.47, Lundberg Survey Says

Gasoline’s national average price climbed 5 cents in the past two weeks to an average $3.47 a gallon, according to the latest Lundberg Survey of filling stations released Sunday.

Mid-grade averaged $3.62, while premium was $3.74, according to the twice-monthly survey of 2,500 stations taken Friday.

Albuquerque, N.M., had the lowest price of cities surveyed, with an average gasoline price of $3.15, while Los Angeles was the highest, at $3.86, Lundberg said.

The Department of Energy will release its weekly survey of diesel and gasoline prices Monday afternoon in Washington.

View the original article here

Diesel Fuel Jumps 8� to $3.801 a Gallon; Gasoline Price Gains 5.9� to $3.476

Tom Biery/Trans Pixs

Diesel’s national average pump price jumped 8 cents to $3.801 a gallon, turning around five weeks of declines, while gasoline also increased, the Department of Energy said Monday.

Gasoline gained 5.9 cents to $3.476 a gallon, also its first increase in six weeks, DOE said following its weekly surveys of filling stations.

The diesel price, the highest in a month, leaves trucking’s main fuel 72.8 cents higher than the same week a year ago.

Gasoline is 64.2 cents over a year ago, according to DOE records.

Last week, diesel was at its lowest level since late February when it averaged $3.716 a gallon. Prior to Monday, it had declined 14.7 cents in the previous five weeks of downturns.

Oil fell 42 cents Monday to close the trading day at $86.38 a barrel on the New York Mercantile Exchange, Bloomberg reported.

View the original article here