Benchmark diesel price below $4 again as war-led rally fizzles

Capt. John

The benchmark diesel price used for most fuel surcharges is back below $4 a gallon.

A decline of 2.3 cents a gallon from the prior week’s number put the Department of Energy/Energy Information Agency price at $3.992. It’s only the second time in the past 11 weeks that the price has been below $4. It also now has given back more than half the 21-cents-per-gallon gain recorded Feb. 12, which boosted the price to $4.109 a gallon as Middle East tensions were ramping up.

The decline comes as the fear...

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