Diesel prices

Big gains in prices in the Southeast on the back of Colonial woes helped propel the benchmark number higher.

The timing of the survey and events Monday regarding Colonial Pipeline suggest there was no impact on the price from the closure

It is difficult to measure the precise size of the impact on retail fuel prices, but there are signs it is in the double digits.

Retail prices fell even as wholesale and commodity prices increased.

Twenty-week streak of increases is halted as retail diesel prices react to earlier declines in wholesale and commodity markets.

Also on the podcast: Did Joe Biden help boost the price of oil?

Diesel fell less than crude oil, signaling selling of crude as a financial asset more than diesel.

Not only did the DOE price rise again, the 7.5-cents-a-gallon increase is the largest in the streak that goes back to November.

One longer-term concern is refineries in the cold can suffer damage to their units that take a long time to get right.

In today’s edition of The Daily Dash, diesel fuel prices are rising across the country. Plus, the Postal Service could be getting a makeover; Forward Air talks cyberattacks; and TFI discusses its plans for UPS Freight.

Retail prices have not yet fully caught up with recent wholesale numbers, suggesting higher prices are likely.

Final DOE/EIA diesel price shows more than 44-cent drop from first price of 2020

Comparing first month to prices out in future a solid way of figuring out whether stocks are growing or tightening

Commodity and wholesale prices way up, but weekly DOE retail average number lagging

Record trucking volumes along with shrinking refinery production could make fuel prices an overlooked threat to carrier margins and shipping costs into 2021.

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