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Drilling Deep: Striving for fuel efficiency as diesel price rises

Also on the podcast: Why a weaker dollar isn’t great news for diesel buyers

Photo: Jim Allen/FreightWaves

With diesel prices at levels they have not visited since the end of 2018, Drilling Deep takes a look at some of the fallout from these lofty levels.

Justin King of Comdata, which among other things processes fuel purchases made through the Comdata card, joins host John Kingston to talk about how the higher prices have impacted some purchasing patterns, including the reaction he saw from the shutdown of the Colonial Pipeline.

Kingston will also address an often overlooked factor that is helping to drive the price of oil higher: the value of the U.S. dollar.

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John Kingston

John has an almost 40-year career covering commodities, most of the time at S&P Global Platts. He created the Dated Brent benchmark, now the world’s most important crude oil marker. He was Director of Oil, Director of News, the editor in chief of Platts Oilgram News and the “talking head” for Platts on numerous media outlets, including CNBC, Fox Business and Canada’s BNN. He covered metals before joining Platts and then spent a year running Platts’ metals business as well. He was awarded the International Association of Energy Economics Award for Excellence in Written Journalism in 2015. In 2010, he won two Corporate Achievement Awards from McGraw-Hill, an extremely rare accomplishment, one for steering coverage of the BP Deepwater Horizon disaster and the other for the launch of a public affairs television show, Platts Energy Week.