Tuesday, November 30, 2010

Diesel Declines 0.9¢ to $3.162 a Gallon

Gas Declines 2¢ to $2.856

Diesel fell for the second consecutive week, dipping 0.9 cents to $3.162 a gallon as oil prices rose, the United States Department of Energy reported.

Gasoline also saw its second straight decline, falling 2 cents to $2.856 a gallon, DOE said following its weekly survey of filling stations.

Diesel’s decline followed last week’s 1.3-cent drop to $3.171, which followed the $3.184 price a week earlier that was the highest in more than than two years.

Monday’s price left trucking’s main fuel 38.7 cents over the same week a year ago, while gasoline is 22.7 cents over last year.

Oil rose almost $2 to more than $85 a barrel Monday on the New York Mercantile Exchange, Bloomberg reported.

Each week, DOE surveys about 350 diesel filling stations to compile a national snapshot average price.

The original article from this post was taken from the Transport Topics website located here: http://www.ttnews.com/articles/basetemplate.aspx?storyid=25662&utm_source=express&utm_medium=newsletter&utm_campaign=newsletter.

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