Diesel Price Falls for Fourth Week, Slipping 1.1¢ to $2.859
U.S. Department of EnergyDiesel’s national average price dipped 1.1 cents to $2.859 per gallon, the fourth consecutive decrease, while gasoline’s price fell for the first timeÌýsince mid-April, the Department of Energy reported June 22.
The decline left it $1.06 less than a year ago, DOE said after its weekly survey of filling stations, and trucking’s main fuel has declined 5.5 cents in the past month.
Gasoline declined 2.3 cents to $2.812 a gallon, the first downturn in 10 weeks, DOE reported. The decline left the price 89.2 cents below a year ago.
Oil held near $60 a barrel on the New York Mercantile Exchange, finishing June 22 trading up 7 cents at $59.68 a barrel, Bloomberg News reported.
Crude futures have held around the $60 mark for the past two months. Oil peaked at $107.26 per barrel June 20, 2014, and was over $100 a barrel for most of May, June and July last year.
Each week, DOE surveys about 400 diesel filling stations and 800 gasoline stations to compile national average prices.
U.S. average fuel price on 6/22/15 = $2.859DOWN $0.011 from week ago — EIA (@EIAgov)
