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Article: Diesel Price Dips to $4.707
- Article from:
- Transport Topics
- Article date:
- June 9, 2008
- Author:
CopyrightCopyright Transport Topics Publishing Group (TTPG) Jun 9, 2008. Provided by ProQuest LLC. (Hide copyright information)
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Gasoline Climbs 3.9¢ on Summer Demand
The U.S. average diesel price took a break last week from its dizzying climb, dipping 1.6 cents a gallon to $4.707, the Department of Energy reported.
Prior to last week's decline, diesel had increased 58 cents in just four weeks. Commercial trucking's main fuel has risen 68% since the comparable week of last year, when fleets were paying an average of $2.799 a gallon.
"We are getting some breathing room," said Greg Carman, president of truckloau carrier Carman Inc. of Fort Smith, Ark., who said his local prices dropped as much as 10 cents a gallon in a week, providing a little relief.
DOE also said the gasoline average rose for the 10th consecutive ...