DOE/EIA diesel price up; now highest since 2018
Big gains in prices in the Southeast on the back of Colonial woes helped propel the benchmark number higher.
Fuel prices and developments affect the entire supply chain, and can place a lot of pressure on carriers. Check back here for news and information related to fuel prices and the gas sector, plus insights and analysis on trends and issues impacting the industry.
Big gains in prices in the Southeast on the back of Colonial woes helped propel the benchmark number higher.
Also on the podcast, KeyBank’s Fowler talks about what blowout Q1 earnings said about the state of trucking.
The move by Phillips 66 will see the company take a stake in a soybean processing supply chain to ensure it gets enough feedstock for its ambitious renewable diesel strategy.
The optimistic news about a return to normal helped push down commodity diesel and gasoline prices.
The return of the pipeline was being announced just as supplies of diesel were starting to become an issue.
Racetrac, Love’s and Pilot Flying J release list of stations with gasoline and diesel outages due to the Colonial shutdown
A run on gasoline by individual motorists has drained inventories out of the stations and into the tanks.
The timing of the survey and events Monday regarding Colonial Pipeline suggest there was no impact on the price from the closure
There were plenty of conditions attached to the pipeline’s statement, but the diesel market is relieved the shutdown won’t last too long.
t is going to be less-transparent cash markets that drive what diesel buyers are going to be paying at the pump for the market suddenly hit with a loss of supply.
A glut that might develop in the Houston area can’t easily be transferred without the services of the giant pipeline
Also on the podcast: A renewed surge in diesel prices.
As economies of scale make hydrogen production more affordable, the aviation industry’s interest in hydrogen-powered aircraft is growing.
Clean Energy announces more than 10 RNG fueling agreements and expansions in the solid waste industry.
A National Biodiesel Board study estimated that biodiesel exhaust is 72% less carcinogenic than exhaust from conventional diesel.
Diesel sales at the company showed a slight decline from the fourth quarter but were significantly higher than Q1 2020.
The increase marks the first rise since four weeks of declines and one week of status quo.
Also on the podcast: the flat market in diesel of the past few weeks may be disappearing.
Pennsylvania’s move to scrap fuel taxes could change how states generate revenue to pay for road projects.
It was the first time in more than two years that the price was unchanged week to week.