Diesel Fuel Prices Jump 8¢ to $3.801 a Gallon

Diesel fuel prices national average pump price jumped 8 cents to $3.801 a gallon, turning around five weeks of declines, while gas prices also increased, according to the Department of Energy.

Gas prices gained 5.9 cents to $3.476 a gallon, also its first increase in six weeks, DOE said following its weekly surveys of filling stations.

The diesel fuel prices, the highest in a month, leaves trucking’s main fleet fuel 72.8 cents higher than the same week a year ago.

Gas prices are 64.2 cents over a year ago, according to DOE records.

Last week, diesel fuel was at its lowest level since late February when it averaged $3.716 a gallon. Prior to Monday, it had declined 14.7 cents in the previous five weeks of downturns. That dip was good news to fuel management solutions and company’s fleet fueling budget.

Oil fell 42 cents Monday to close the trading day at $86.38 a barrel on the New York Mercantile Exchange, Bloomberg reported.

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