
After pausing last week, the average cost of diesel in the United States has resumed falling.
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A new government forecast is calling for diesel prices to average just below the same level this year as it was in 2012 and ease a little further next year.
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Despite a recent run-up in the price of oil, the average cost of diesel over the past week is unchanged, according to the U.S. Energy Department.
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The average cost of diesel has posted its biggest increase since near mid-February and is around a five-month high, according to the U.S. Energy Department.
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Following indications the United States will launch a military strike against Syria, the price of oil has reached a more than two-year high.
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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.
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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.
Read More →The price for diesel has fallen for the second straight week, putting it a little above where it was four weeks ago.
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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.
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The price of diesel continues to seesaw, falling just slightly this week following a just over one-penny hike last week.
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