Diesel price jumps three cents

Aug. 19, 2002
The average price at the pump for a gallon of diesel fuel jumped three cents this week amidst rumors the U.S. will attack Iraq, which could very likely disrupt oil flow. The Dept. of Energy said the price rose to $1.333, the highest it's been since the price hit the $1.32 mark on April 15. According to the department's Energy Information Administration, California saw the biggest rise, 6.6 cents to
The average price at the pump for a gallon of diesel fuel jumped three cents this week amidst rumors the U.S. will attack Iraq, which could very likely disrupt oil flow.

The Dept. of Energy said the price rose to $1.333, the highest it's been since the price hit the $1.32 mark on April 15.

According to the department's Energy Information Administration, California saw the biggest rise, 6.6 cents to $1.509. The price was virtually flat in New England, where it rose from $1.407 to $1.416.

The White House said on Monday it had no plans at this time to tap into the nation's emergency oil stockpile, but cited the possibility of "risks ahead in the markets" in urging Congress to pass the president's energy plan.

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Tim Parry

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