Streak of lower benchmark diesel prices hits 10 weeks with latest drop

Capt. John

Diesel prices may have hit a bottom for now in the futures market, but the average weekly retail diesel price posted its 10th consecutive decline Monday.

The price, reported by the Department of Energy/Energy Information Administration, dropped 2.9 cents a gallon to $3.526. Over that 10-week span, the price has fallen 33.9 cents.

That benchmark price, used for most fuel surcharges, is about $1.10 a gallon less than it was a year ago.

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