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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.
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Diesel has declined 0.8 cents per gallon over the past week for a U.S. average of $3.841 per gallon, it’s lowest since last July. This marks the fourth straight decline, placing it just over a nickel lower than where it was the last time it moved higher, while the current price is 11.2 cents per gallon higher than the same time a year ago.
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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.
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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.
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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.
Read More →After falling for 10 straight weeks, the average U.S. cost of diesel has done an about-face. Gasoline is higher for the second straight week but oil is slightly lower.
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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.
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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.
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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.
Read More →The average U.S. price of diesel shows no signs of stopping its recent series of declines, falling another 3.5 cents this week to $3.94.2 per gallon.
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