Trade Resources Market View U.S. Retail Diesel and Gasoline Prices Rose for The Week

U.S. Retail Diesel and Gasoline Prices Rose for The Week

U.S. retail diesel and gasoline prices rose for the week, the Department of Energy said Feb. 18 after its weekly surveys of fueling stations.

Diesel rose by 1.2 cents a gallon to $3.989 on Feb. 17. It was the fourth straight weekly increase.

The increase amounted to 11.6 cents a gallon for the four weeks combined.

Gasoline rose for the second straight week, leaping by 7.1 cents a gallon to $3.38, also on Feb. 17. The two-week combined increase totaled 8.8 cents a gallon.

Despite the increases, diesel and gasoline are less expensive than they were last year at this time.

The report on Feb. 17 prices was released a day later than usual because Feb. 16, Presidents' Day, was a federal holiday.

Source: http://www.ttnews.com/articles/basetemplate.aspx?storyid=34202&t=Diesel-Rises-12-Cents-a-Gallon-to-%243989-Gasoline-Up-71-Cents
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Diesel Rises 1.2 Cents a Gallon to $3.989; Gasoline up 7.1 Cents
Topics: Transportation