Gasoline Prices

The average cost of diesel in the United States has increased for the second straight week, putting it just below where it was four weeks ago.

Just as soon at it looked like diesel was starting to trend lower it has done an about face. The average U.S. price has increased 0.4 cents per gallon over the past week, registering $3.90 per gallon.

Diesel prices this year are expected to average slightly less than they were last year and continue moving lower next year, according to a new forecast.

The price of diesel continues to seesaw, falling just slightly this week following a just over one-penny hike last week.

Late last week a federal judge in California ruled to dismiss three cases against Chevron filed by plaintiffs who claimed the oil and fuel giant failed to disclose the effect warmer temperatures have when it comes to dispensing fuel at the pumps causing customers to overpay.

Prices for diesel and gasoline moved higher again over the past week as the cost of oil eased back Monday following its highest closing price on Friday since March 2012.

The national average price of diesel has posted its first increase for the first time in several weeks, following a big spike in the price of oil. This is the first increase since the week of May 20 and puts the price of diesel 14.5 cents a gallon higher than the same week a year ago.

Prices for oil and gasoline turned lower over the past week, with diesel on its sixth week of falling prices in a row. Crude oil, however, is approaching the $100 per barrel level again.

Diesel and gasoline taxes will change in 10 states on July 1, with most of them heading higher, according to an analysis by the Institute on Taxation and Economic Policy.

The price of diesel has declined to a level not seen since late last July, according to the new weekly roundup of prices from the U.S. Energy Department. It has fallen 0.3 cents in the past week for a U.S. average of $3.838 per gallon.

The price of diesel has fallen for the third week in a row, putting the U.S. average close to where it was just four weeks ago. In contrast, the average U.S. cost for gasoline has increased over the past week.

The prices of diesel and oil moved lower over the past week, while gasoline has barely edged higher. New figures released Monday from the U.S. Energy Department show the average cost of diesel has fallen 1.1 cents over the past week.

The average cost of diesel and gasoline in the United State has retreated slightly after some recent gains, while crude oil futures are down slightly from the week before. The average price of a gallon of diesel has fallen 1 cent to $3.88 per gallon, following two straight weekly increases totaling 4.5 cents.

The new Short-Term Energy Outlook from the U.S. Energy Department’s Energy Information Administration says diesel fuel prices, which averaged $3.95 per gallon last summer, are projected to fall to an average of $3.88 per gallon this summer and move generally lower into 2014.

The average U.S. cost of diesel has dropped for the 10th week in a row, down 0.6 cents from last week, coming in at $3.845 per gallon, according to new figures form the U.S. Energy Department.

Another week and another decline in the price of fuel, with diesel hitting its lowest level since last August. New figures released by the U.S. Energy Department show the average retail cost is down 5.5 cents over the past week.