Category: Fuel News
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Why the Northeast is quietly running out of diesel
Why the Northeast is quietly running out of diesel The East Coast of the U.S. is reporting its lowest seasonal diesel inventory on record. And some trucking companies appear spooked. The East Coast typically stores around 62 million barrels of diesel during the month of May, according to Department of Energy data. But as of…
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Benchmark diesel price up as pump number lags big fall in futures markets
Benchmark diesel price up as pump number lags big fall in futures markets In its new publication time Tuesday morning, the benchmark diesel price used for most fuel surcharges rose on the back of increases in diesel futures that now seem a distant memory. The Department of Energy/Energy Information Administration price rose 4.7 cents a…