Top
image credit: Pixabay

Benchmark diesel price declines, East Coast squeeze may be getting worse

May 16, 2022

It wasn’t by much — just 1 cent, to come in at $5.613 a gallon for the Department of Energy/Energy Information Administration weekly report. It’s the first weekly decline in five weeks. Of the 20 weeks when a price has been posted in 2020, it is one of just five weeks during which the benchmark number for fuel surcharges dropped. (And one of those weeks was Jan. 2, which mostly reflected price activity at the pump in the final week of 2021.)

Read More on FreightWaves