For 7th straight week, benchmark diesel price is higher

After some stability in the futures market for ultra low sulfur diesel (ULSD) signaled retail prices might stop rising, a renewed surge has led to a big move in the weekly benchmark price published Tuesday. The Department of Energy/Energy Information Administration average weekly retail diesel price rose 9.8 cents/gallon Monday, published a day later, to $3.809/g. It’s the seventh consecutive increase, a period during which the price used for most fuel surcharges has increased 35 cts/g. It’s the highest ...