US Diesel Prices Fall Below $4 Per Gallon

JOC Staff | Apr 02, 2013 10:47AM EDT

U.S. diesel prices fell below $4 per gallon during the week of April 1, according to the U.S. Energy Information Administration. Diesel prices have dropped 4 percent or 17 cents over the past five weeks.

U.S. diesel prices through April 1, 2013

The average price, $3.993 per gallon, is down 0.3 percent or 1 cent from the previous week. This week’s average per-gallon price is 3.6 percent lower than the price of $4.142 at the same time last year. However, prices are still up 2 percent or 7 cents since the beginning of 2013.

Although the average U.S. diesel price dropped below $4-per-gallon mark, diesel prices on the West and East coasts, except for the Lower Atlantic region, remained above $4. The West Coast, the California region, in particular, showed weekly price increases this week, up by 15 cents and 53 cents, respectively.

View the original article here

Diesel Dips 0.7� to $4.079 a Gallon

Tom Biery/Trans Pixs

Diesel dipped 0.7 cent to $4.079, its second straight decline following 11 weekly increases, and gasoline also fell for a second week, the Department of Energy reported Monday.

Gasoline fell 2.2 cents to $3.804 a gallon, DOE said following its weekly surveys of filling stations.

Despite the downturns, diesel is now 33 cents higher than the same week last year, while gas is 37.1 cents higher, according to DOE figures.

Diesel fell 4.9 cents last week and Monday’s 0.7 cent drop is the smallest decline since early January when it fell half a cent cent.

Oil fell last Wednesday from a four-month high $99 a barrel on Sept. 14 to finish on a New York Mercantile Exchange trading day under $90 a barrel for the first time since Aug. 2.

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

Diesel Dips a Half-Cent to $3.887 a Gallon

Tom Biery/Trans Pixs

Diesel declined for the first time in a month, dipping a half-cent to $3.887 a gallon, while gasoline fell for a third straight week, the Department of Energy said Monday.

Diesel had risen 17.1 cents in the previous three weeks, and with Monday’s downturn is now 77.1 cents over the same week last year.

Prior to the past three weeks, the national average price for trucking’s main fuel fell 14.7 cents in five straight declines.

Gasoline dropped 2.8 cents to $3.424 a gallon, for its third straight downturn and eighth in nine weeks.

The gas average is now 55.9 cents over same week a year ago, according to DOE records. Gas has dropped a quarter since it registered $3.674 a gallon on Labor Day.

Oil, meanwhile, topped $95 a barrel on the New York Mercantile Exchange, the highest closing price in more than three months, Bloomberg reported.

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