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GasBuddy's national average retail diesel price fell to $5.998 a gallon on November 14, below $6 for the first time since September. The average peaked at a record $6.519 on September 22.
The decline reflects lower crude prices and seasonal demand softening after refinery maintenance.
Lower diesel prices ease freight and on-farm fuel costs for feed makers and livestock producers. The move mainly reflects falling crude and seasonal demand rather than a new supply shock.
Not enough comparable past events yet for a historical read.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.