diesel

Diesel heading back toward $3 mark in latest weekly increase

The U.S. at-pump average has now climbed 10.6 cents a gallon since it began its upswing in mid-February.

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Diesel inches upward again in third consecutive weekly increase

The national average price, however, is still down $1.117 from the same week last year, and the DOE still projects the U.S. diesel price to average $2.83 in 2015.

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Diesel still projected to average less than $3 in 2015

In the January issue of its STEO report, the DOE forecasts the price of diesel will average $2.83 a gallon in 2015 — 2 cents lower than its projection in the January report and 3.5 cents lower than the average in the most recent week.

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Diesel price rises for second straight week

The U.S. average diesel price rose for the second consecutive week for the first time since June 2014.

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Diesel price increases for just third time in 7 months

The increase is also just the third week-to-week increase since early July 2014 — a streak that saw the country’s diesel price hit its lowest point since November 2009.

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Study: Exhaust from newer diesel engines not linked to cancer

Lifetime exposure to modern diesel exhaust does not induce tumors or precancerous changes, according to the first comprehensive study of the matter.

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Diesel’s decline slows, but price still hits lowest in over 5 years

The national average price for a gallon of on-highway diesel fell 3.5 cents in the week ended Feb. 2 to $2.831. That’s the lowest the U.S. average has been since the week ended Nov. 9, 2009.

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Diesel downturn continues as price nears half-decade low

The U.S. diesel price has now fallen 11 consecutive weeks and 28 out of the last 30 weeks. It’s also more than a dollar lower than than the same week a year ago.

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Hello $2-something diesel: Diesel skids under $3 in near-five-year low

The U.S. average at-pump price for diesel dropped 12 cents in the week ended Jan. 19 to $2.933 a gallon, according to the DOE. The price is now down 94 cents from the same week last year and has fallen nearly 70 cents since the beginning of December.

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Why diesel’s sluggish price drop should accelerate  

Now that gasoline has plunged below $2 a gallon in some markets and diesel remains above $3, you might wonder why diesel prices haven’t fallen as fast.

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