Diesel prices as measured by the weekly Department of Energy/Energy Information Administration average retail diesel price might suggest there isn’t much going on in the market.
The price released Monday moved up by 0.7 cents a gallon, to $4.593 a gallon. In the past 13 weeks, there have been 11 increases, one unchanged price and last week’s decrease of 4.7 cents.
But developments in Monday’s market, beyond the DOE/EIA price change that is the basis for most fuel surcharges, reflect a market in...