Benchmark diesel price up slightly but futures are surging

Capt. John

The benchmark diesel price used for most fuel surcharges rose a relatively small amount Monday even as the futures price for ultra low sulfur diesel continued to climb sharply.

The average retail diesel price published by the Department of Energy/Energy Information Administration rose 2.4 cents a gallon to $4.028. The increase came after three consecutive weeks of decreases, and those three weeks followed a week of no change. 

A year ago, the price was $4.185 a gallon.

Retail prices always lag...

https://www.freightwaves.com/news/benchmark-diesel-price-up-slightly-but-futures-are-surging

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