Diesel prices continued to fall on Monday, Sept. 19, but with oil on
the rise and another storm headed toward the
ProMiles reported a national average of $2.757 per gallon for diesel
Monday, that’s down significantly from the post-Hurricane Katrina high of $2.89
per gallon reported by the U.S. Department of Energy. Some areas, including
Meanwhile, crude oil prices jumped more than $3.50 per barrel in
trading on the New York Mercantile Exchange on Monday, sparked by fears over
Tropical Storm Rita heading toward the
CNN reported that
Chevron Corp. was already evacuating workers stationed on offshore oil and
natural gas platforms in the Gulf in anticipation of Rita, and other companies
were sure to follow suit. Forecasters predict the storm could increase to
hurricane strength and hit the
The Organization of Petroleum Exporting Countries was meeting on Monday to decide whether or not to raise crude oil output to help stem worldwide oil price spikes, but news reports said ministers did not appear to be in favor of a raise.