Benchmark diesel price rises after eight weeks of declines

After eight weeks of declines, the benchmark diesel price has turned higher. The Department of Energy/Energy Information Administration average weekly retail diesel price, used as the basis for most fuel surcharges, rose 7.1 cents/gallon to $3.53/g, posted Tuesday but effective Monday. It is the first upward move since the DOE/EIA price hit a recent high price of $3.868/g on November 17, the last time it had posted an increase before the eight-week stretch of lower prices commenced. The higher price co ...