Diesel Rises 0.4¢ to $3.90 a Gallon, Gasoline Declines 1.1¢ to $3.550

Posted in: Business Factoring News, Freight Factoring News, Staffing Company Finance News, Staffing Faqctoring News, Trucking Finance News- Aug 20, 2013 No Comments



Diesel rose modestly after two straight declines, rising 0.4 cent to $3.90 a gallon, while gasoline dropped 1.1 cents, the Department of Energy reported.

Gas fell to $3.550 a gallon, its fourth consecutive decline, according to DOE records.

Diesel, which dipped 1.3 cents last week and 0.6 cent the prior week, had gained almost 10 cents in four previous weeks of increases. Despite the downturn, the price is 12.6 cents above the same week last year.

Crude oil declined 43 cents to finish at $106.86 a barrel Monday on the New York Mercantile Exchange, Bloomberg News reported.

Each week, DOE surveys about 400 diesel filling stations and 800 gasoline stations to compile national average prices.

Tom Biery/Trans Pixs

By Transport Topics