Diesel fuel prices rose 2.5 cents to $3.927 a gallon, the second straight increase following two months of declines, while gasoline rose for a sixth week, the Department of Energy said. As with fleet fueling prices things move one way and all of sudden move the other way
The gain left diesel fuel national average pump price 7.7 cents higher than the same week last year, DOE said following its weekly survey of filling stations and truck stops.
Prior to the two increases, diesel fuel had dropped 14 cents in seven straight downturns.
Gas prices, meanwhile, have been putting a small hurt on companies fleet fuel cards with gas going up 4.2 cents to $3.357 a gallon, its sixth consecutive increase and the biggest upturn in 16 weeks, DOE said.
Despite the higher trend, gas prices are 8.2 cents below the same week a year ago, DOE figures showed. Taking about fueling waves, up and down. Which leads me to ask do you really know what your fuel saving or lack there of fuel savings are. Think about this most products have a profit margin and usually that margin is fairly steady not with diesel fuel prices and gas prices.
As I said, it goes in ways wouldn’t you like to know what your true fuel margin was at most any given time. I can assure you it would say you a lot of money.
The gains in both fuels follow higher oil prices, which have risen steadily for the past two months to more than $96 a barrel, the highest level since September.
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