Diesel prices spike 10¢ this week
Second weekly jump pushes diesel prices to 11-month high
Dave Hannon -- Purchasing, 10/20/2009 10:24:13 AM
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Diesel prices spiked more than 10¢/gallon this week in the U.S., reaching $2.71/gallon.
The jump marks the second straight week diesel prices have increased after a six-week decline. According to the Energy Information Administration, diesel prices in the U.S. have not been that high since Nov. 17, 2008.
The EIA's latest forecast says diesel fuel prices, which averaged $2.63/gallon in August and September, will average $2.60 during the fourth quarter of 2009.
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