Why U.S. Diesel Supply Will Stay Tight Through 2027
EIA expects distillate inventories below 100 million barrels through most of 2027. The last major U.S. refinery opened in 1977.
Fuel & Energy
Diesel and fuel prices, crude oil markets, fuel surcharges, alternative fuels (RNG, renewable diesel, CNG), refining capacity, energy policy.
Diesel Spike Erodes Carrier Margins as Wholesale Outpaces Retail
Retail diesel up 31% since July, wholesale up twice that pace. J.B. Hunt warns of 5-10% Q3 earnings hit. Small fleets face margin squeeze with no guarantee of…
Iran War Cuts More Diesel Supply Than Russia Conflict Did
Bloomberg estimates show the Iran conflict has removed more diesel from global markets than the Russia-Ukraine war, driving pump prices to record highs.
Brent Crude Falls to $103.38 as Hormuz Flows Stay Limited
Brent dropped 2.3% to $103.38/barrel Sept. 17, but Saudi pipeline shutdown keeps diesel on track to stay above $6/gallon.
Diesel Hits $6.33/Gallon, 50 Cents Above Prior Record
Saudi pipeline shutdown and refinery losses push diesel to new high. Tom Kloza says next 100 days could be rougher still for fleets and owner-operators.
Diesel Spike Cuts Natural Gas Truck Payback to Under 3 Years
Energy Vision report says RNG trucks now pencil faster for fleets replacing pre-2013 diesels, but fueling infrastructure remains the gate.
Diesel Could Hit $7 to $9 a Gallon by November, Strategist Warns
Jeff Currie sees 'extremely high' risk of $5 retail gas and diesel as high as $9/gallon if crude keeps climbing.
Brent Crude Hits $105.26 After Two-Day 8.5% Rally
International oil benchmark jumped 4% Sept. 10 after a 4.3% gain the day before. Every dollar above $100 adds roughly 3 cents to diesel retail.
Oil Tops $100 for First Time Since July on Middle East Attacks
Brent crude jumped 2.8% to $100.62/barrel Sept. 9, the first triple-digit close in two months. Every dollar adds roughly 3 cents to diesel.
Brent crude hits $97.85 as Iran war enters sixth month
Oil rose 0.9% to a six-week high Sept. 8. Every dollar adds roughly 2.4 cents to diesel retail.
Brent Crude Hits $97 as Iran Fighting Intensifies
Benchmark U.S. crude climbs to $92.92 per barrel, pushing diesel costs higher for small fleets already squeezed by elevated fuel surcharges.
Diesel Futures Hit $4.68/Gallon, New Post-War High
CME diesel settled at $4.6773/gallon Tuesday, up 18.36 cents in one day. Retail prices lag behind, but the surge will hit fuel surcharges within days.