Diesel Jumps 9.1¢, Vaults Past $4 a Gallon

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Diesel Jumps 9.1¢, Vaults Past $4 a Gallon
Gasoline Leaps 13¢ to $3.721 for Ninth Gain in 10 Weeks
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Bruce Harmon/Trans Pixs
Diesel jumped 9.1 cents to $4.051, the first time it has topped $4 since November and the highest price since May, the Department of Energy said Monday.
Gasoline prices soared 13 cents to $3.721 a gallon in the largest weekly increase in nearly a year, DOE said following its weekly survey of filling stations.
Diesel’s seventh increase in eight weeks left it 33.5 cents over the same week last year. Gasoline is now 33.8 cents higher than a year ago after its ninth gain in 10 weeks.
Diesel has posted a net gain of 26.8 cents in the past two months, following a cumulative drop of 22.7 cents in six weeks before that.
Gasoline has gained a cumulative 49.2 cents in the past 10 weeks. Monday’s increase was the biggest since a 13.7-cent jump March 7, 2011, and the price was the highest since June